Bulk US ferrous scrap export prices hold steady
Aug 26, 2013 | 04:27 PM
| Sean Davidson
NEW YORK U.S. bulk ferrous scrap export prices stayed relatively unchanged as trade came to a virtual standstill this past week.
Bulk sales to Turkey stalled as buyers backed away from markets after several weeks of amassing large volumes to cover inventory into October.
Market participants said Turkish mills booked only four bulk cargoes last weekone out of Canada after being diverted from Egypt (amm.com, Aug. 21), another from the United Kingdom and two from Scandinavia.....
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