China a drag on US nonferrous scrap exports
Aug 15, 2014 | 01:35 PM
| Sean Davidson
NEW YORK Weaker demand from China for aluminum and copper scrap adversely impacted U.S. nonferrous scrap exports during the first half of the year.
Exports of the six major metal groups monitored by AMM fell nearly 10 percent compared with the same period last year, according to the latest figures from the U.S. Commerce Department.
Aluminum scrap exports of 857,970 short tons in the first six months of this year were down 10.2 percent from a year earlier, while copper and brass scrap exports fell 9.8 percent to 555,750 tons in the same comparison.....
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