Zorba export prices weaken further

Nov 21, 2013 | 03:21 PM | Nathan Laliberte

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

NEW YORK — U.S. export prices for zorba, a nonferrous auto shred, have weakened over the past week, with demand from China declining significantly in November, according to sellers.

Most exporters put prices down 1 cent on the high end from Nov. 13, with 94- to 95-percent metallic content material now at about 74 to 75 cents per pound and 90- to 92-percent metallic content material at 71 to 72 cents per pound.....

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