Falling export pressures US August scrap outlook

摘要

Slipping East Coast bulk scrapexport prices in conjunction with robust domesticscrap flows has US scrap suppliers bracing for apotential pricing downtrend in August.On Tuesday the fourth US scrap export saleto Turkey in July came to light and it continuedthe downward trend of previous sales withHMS 80:20 normalizing to $342/mt and shredpriced at $352/mt CFR Turkey.