US scrap export market continued to decline, a decline of USD15-30 / ton.

Currently, the export offer of mixture of No 1 and No 2-weight waste (80:20) from US to Turkey declined to USD300/mt and the price from buyers even lower than USD260/mt(CFR), the east coast shredded scrap export prices drop by USD18 / ton to USD275 / ton (FOB). Asian scrap export prices also fell, Container mixture of No 1 and No 2-weight waste (80:20) to China Taiwan price down to USD195 / ton (CFR).

                                       XINSTEEL NEWS