West Coast exporter lowers buying prices
Aug 30, 2012 | 04:44 PM
| Sean Davidson
Tags
ferrous scrap,
scrap exports,
export prices,
heavy melt,
containerized scrap,
Sean Davidson
NEW YORK — West Coast export prices for containerized ferrous scrap have declined $10 per tonne this week, encouraging at least one major exporter to lower buying prices at its yards effective Friday.
Containerized scrap export prices for an 80/20 mix of No. 1 and No. 2 heavy melt had fallen to $380 per tonne c.f.r. Taiwan, market sources said, from $390 previously.....
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