How many of you know that the U.S. actually imports non Ferris scrap. for some resion, while we are the worlds largest exporter by far we also import about 1/2 a million metric tones from Mexico, Canada, Sweden, and Norway. Sweden and Norway???????.
Just as we are the worlds largest importer of foreign oil we also export oil?????
I October this year the U.S. imported more scrap then since 2012. October is traditionally the month importers stock up for the winter months causing a seasonal drop in
metal prices. This makes no sence to me but thought you would like to know.
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