US ferrous scrap exports rise 7.4% in Aug.

Oct 19, 2012 | 03:29 PM |

Tags  ferrous scrap exports, Commerce Department, scrap

NEW YORK — U.S. ferrous scrap exports rose 7.4 percent in August despite a sharp drop in demand from China and Turkey.

Demand from Turkey, the biggest player, fell to 507,797 tonnes, according to the latest Commerce Department data, down 16.7 percent from 609,343 tonnes in July and 36.5 percent lower than 799,897 tonnes in August last year.....

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