China sparks rise in zorba export prices

Jan 08, 2014 | 01:48 PM | Nathan Laliberte

Tags  zorba, nonferrous auto shred, scrap prices, nonferrous scrap, Chinese New Year, Nathan Laliberte

NEW YORK — U.S. export prices for zorba, a nonferrous auto shred, have risen slightly as buyers in China show increased interest ahead of the Chinese New Year holiday, exporters said.

Prices for zorba with a 94- to 95-percent metallic content are around 73 to 75 cents per pound, up an average of 1.5 cents from Dec. 18, while 90- to 92-percent material is about 70 to 71 cents, up a penny in the same comparison.....

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