Stainless scrap exports pick up slightly in August

Oct 30, 2006 | 10:19 AM | Michael Marley

Shipments of stainless steel scrap to China rebounded in August after two months on the down escalator, but overall exports of the shiny scrap were close to flat when matched against July's deliveries.

Exports were up 1 percent in August to 41,655 tonnes from 41,223 tonnes in July, according to the latest figures from the U.S. Commerce Department. That modest uptick did little to improve the pace of exports thus far in 2006 against the like period last year. Exports totaled 330,880 tonnes during the first eight months of the year, trailing the 350,633 shipped abroad in the eight-month span last year by 5.6 percent.....





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