Coalition voices concern about potential duties on tin mill products
A coalition of manufacturers, retailers, and stakeholders stands opposed to the imposition of import duties on tin mill products.
A coalition of manufacturers, retailers, and stakeholders stands opposed to the imposition of import duties on tin mill products.
The export market for ferrous scrap has been strengthening over the last month by a sizable margin.
US scrap prices are expected to rise in December, industry sources told SMU.
Domestic scrap prices rose in November month over month for all grades that SMU covers, market sources said.
The ferrous export market in the US has experienced several geopolitical events and natural disasters during 2023.
As the ferrous scrap market in the US enters the home stretch for 2023, it faces an array of issues and uncertainties.
Prices for ore-based metallics were mixed month-on-month (MoM) as lower finished steel production weighs on pig iron demand.
The US Department of Commerce has issued its final ruling in an expedited sunset review of antidumping duties on imports of tin mill products from Japan.
The US scrap market for October is a bit unsettled as the UAW strike against the Big Three automotive companies has expanded and shows scant signs of an imminent settlement.
Turkish scrap import prices rose due to conclusion of several deals towards the end of last week as key buyers and sellers re-entered the market.