Stainless exports ride Asia buying wave

Dec 28, 2004 | 09:50 AM | Michael Marley

Stronger demand by Chinese and South Korean specialty steelmakers boosted U.S. exports of stainless scrap by 38.4 percent in October.

Exports of 18-8 scrap jumped to 48,219 tonnes in October from 34,842 tonnes the previous month, making it the third highest shipping month in what is fast shaping up as a record shipping year for U.S. stainless scrap exporters, according to the latest figures from the U.S. Commerce Department.....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events