Zorba steady on solid China demand

Aug 19, 2013 | 02:20 PM | Nathan Laliberte

Tags  zorba, nonferrous scrap, auto shred, LME, Nathan Laliberte

NEW YORK — Export prices for zorba, a nonferrous auto shred, have remained relatively unchanged over the past two weeks as Chinese consumers continue to request a steady flow of material, U.S. exporters said.
Most exporters said prices for material with 94- to 95-percent metallic content are between 76 and 78 cents per pound, while material with 90- to 92-percent metallic content is steady at 73 to 73.5 cents per pound. ....

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