US ferrous scrap export prices have shown resilience in a fresh sale to Turkey, which was concluded at steady prices compared with the prior deal.
An East Coast shipper sold a 40,000-tonne cargo on Wednesday October 2, priced at $226 per tonne for 33,000 tonnes of an 80:20 mix of No1 and No2 heavy melting scrap, and at $231 per tonne for 7,000 tonnes of shredded scrap. A similar cargo was sold to Turkey at identical prices one day earlier.While there have been two deals concluded this week, the...