Zorba exporters turn to India as prices decline
Mar 17, 2014 | 01:44 PM
| Nathan Laliberte
NEW YORK U.S. export prices for nonferrous auto shred, or zorba, have continued to fall over the past two weeks, but sources noted that recent demand from Indian buyers could point to a stronger market in April.
Material with 94- to 95-percent metallic content dipped to 69.5 to 71.5 cents per pound, down 1 cent from March 5 levels, while 90- to 92-percent material also fell a penny to 67 to 68 cents per pound in the same comparison, sources said.....
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