US ferrous scrap exports hit by Asia weakness

Apr 16, 2012 | 12:21 PM | Sean Davidson

Tags  ferrous scrap exports, sean davidson

LAS VEGAS — U.S. ferrous scrap exports lost some momentum in February compared with a year earlier, largely due to generally weaker buying interest by Asian nations.

While East Coast exporters reported a February bonanza, with more than 600,000 tonnes of ferrous scrap shipped to Turkey, the 200,000-tonne bump in sales to that country were more than offset by softer West Coast exports to the Far East.....

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