Nonferrous scrap exports slip in September
Nov 15, 2010 | 11:28 AM
| Sean Davidson
A stronger dollar and higher prices pulled down nonferrous scrap export volumes in September as major Asian consumers reduced their aluminum and zinc scrap purchases.
Nonferrous scrap shipments to foreign smelters and importers totaled 281,777 short tons, down 3 percent from 290,486 tons in August, according to the latest figures from the U.S. Commerce Department.
Aluminum scrap exports slid 3.2 percent to 167,328 tons in September. While many exporters reported strong shipping volumes in September, higher prices forced a few foreign smelters and importers to trim their purchases and exporters said the trend continued in October.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.