Stainless scrap exports brighter at start of 2d half

Oct 04, 2006 | 08:06 AM | Michael Marley

A Taiwanese buying binge added some luster to offshore sales of stainless steel scrap as the second half got under way.

U.S. exports of the shiny scrap totaled 41,223 tonnes in July, up 6.4 percent from 38,743 tonnes the previous month, according to the latest figures from the U.S. Commerce Department, although the year-to-date total of 289,225 tonnes remained 5.5 percent behind the first seven months of last year and were down nearly 1 percent from the same period in 2004.....

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