Poor Asia demand hits ferrous exports
Jun 13, 2012 | 03:18 PM
| Sean Davidson
Tags
ferrous scrap exports,
sean davidson
NEW YORK — Weak Far East Asian demand severely curtailed U.S. ferrous scrap exports in April, though the drop was offset slightly by a gain in deliveries from the East Coast.
Demand from West Coast exporters’ key customers—China, South Korea and Taiwan—declined in April, sending total exports down to 1,889,238 tonnes, according to the latest Commerce Department data. That’s a 12.1-percent decline from 2,149,519 tonnes in March and a 16.2-percent decrease from 2,253,505 tonnes in April 2011.....
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.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here