Ferrous scrap exports at 3-month low in July
Sep 16, 2013 | 03:04 PM
| Sean Davidson
CHICAGO U.S. ferrous scrap exports tumbled to a three-month low in July as a stronger dollar made other regions more attractive to critical consuming markets.
U.S. exporters shipped a little more than 1.2 million tonnes in July, down 37.9 percent from nearly 1.94 million tonnes a year earlier and 14.3 percent lower than the previous month, according to the latest data from the U.S. Commerce Department. The tally was the lowest since April, when 979,273 tonnes were sent abroad.....
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