W. Coast export prices rise on bulk scrap sale

Aug 15, 2012 | 03:44 PM | Sean Davidson

Tags  ferrous scrap exports, Sean Davidson

NEW YORK — U.S. West Coast ferrous scrap export prices received a modest boost after one exporter completed a bulk sale to Southeast Asia this week.

Market sources said a mixed cargo of heavy melt and shredded scrap was sold to Vietnam at prices about $10 per tonne higher than previous sales.

The cargo was said to be mostly an 80/20 mix of No. 1 and No. 2 heavy melt that sold for $423 per tonne c.f.r. Vietnam, with a small volume of shredded sold at $428 per tonne c.f.r.....

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