Zorba export prices decline slightly

Oct 01, 2013 | 03:28 PM | Nathan Laliberte

Tags  nonferrous auto shred, zorba, Operation Green Fence, CCIC, Nathan Laliberte

NEW YORK — Export prices for zorba, a nonferrous auto shred, have dipped slightly over the past week, with shippers noting that a recent uptick in U.S. supply had weakened the market.

Most exporters pegged prices for material with a 94- to 95-percent metallic content at 76 to 78 cents per pound, down from 77 to 80 cents Sept. 23, and material with a 90- to 92-percent metallic content between 73 and 74 cents per pound, down from 74 to 75 cents.....

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