Product
February 1, 2013
Ferrous Scrap Exports – January through November 2012
Written by John Packard

Product
February 1, 2013
Written by John Packard

There has been a pause this month in new pig iron transactions between Brazil and the US due to uncertainty around US tariffs.
Cold-rolled (CR) coil prices ticked up in the US this week, as offshore prices mostly trended lower.
South Korea has overtaken Canada as the top foreign supplier of steel to the US market.
For the next month, CRU forecasts that iron ore demand will fall m/m while metallurgical coal to be stable.
Hot-rolled coil market participants report little disruption to their contact volumes, finding timely spot HR proved less straightforward, some sources told SMU.