US ferrous scrap export market perks up

摘要

The United States' ferrous scrap export market is showing upward momentum despite an absence in bulk deals to Turkey as containerized scrap and dock buying prices continue to improve.Multiple export sources are maintaining a bullish outlook, noting that export demand for US scrap is strong at the moment. Additionally, the US dollar's devaluation against the Turkish lira and other global currencies is likely to be a boon for US scrap suppliers and exporters.