Scrap export markets await Turkish interest

Apr 01, 2013 | 04:19 PM | Sean Davidson

Tags  ferrous scrap exports, export prices, Turkey scrap, China scrap, South Korea scrap, AMM Index, ferrous scrap, Sean Davidson

NEW YORK — U.S. ferrous scrap bulk export prices trended in different directions this past week as tags for West Coast sales dropped while continued inactivity from Turkey left East Coast prices unchanged.

East Coast export prices to Turkey have been flat for more than two weeks as mill buyers have shown no interest in U.S. cargoes. As a result, AMM’s East Coast Ferrous Scrap Export Index for an 80/20 mix of No. 1 and No. 2 heavy melt remained at $375.58 per tonne f.o.b. New York on Monday.....





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