No. 1 heavy melt exports surge to new high

Sep 06, 2005 | 11:13 AM | Michael Marley

Strong demand from Turkish steelmakers and their counterparts in Egypt and Indonesia spurred U.S. exports of No. 1 heavy melting steel scrap in June to their highest level in almost a decade.

U.S. shipments of the bellwether grade of cut ferrous scrap reached 287,685 tonnes in June, up 2.8 percent from 279,838 tonnes in May and the highest one-month total since August 1995, when close to 320,000 tonnes were sent overseas, according to figures from the U.S. Commerce Department.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events