Ferrous scrap export indices launched by AMM
May 21, 2012 | 04:55 PM
| Sean Davidson
NEW YORK AMM launched its weekly ferrous scrap export indices Monday, with the East Coast index trending lower than its West Coast counterpart following a recent bulk sale to Turkey.
The index, which will publish a weekly price for an 80/20 mix of No. 1 and No. 2 heavy melting scrap, opened at $405.94 per tonne f.o.b. New York and $413.04 per tonne f.o.b. Los Angeles for bulk cargo....
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