News Room - Steel Industry

Posted on 09 Sep 2009

U.S. scrap export prices to fall

Because Asia buyers adopted a wait-and-see attitude, U.S. scrap prices continued to fall.

 

It is reported that U.S.80:20 mixed scrap price decreased from last week's US$$350/ton to US$340/ton.

 

Experts believed that due to weak demand in Asia market, U.S. scrap prices are expected to fall further.