US Nickel scrap exports fell 6.4% in Sep '14

SEATTLE (Scrap Monster): The latest statistics released by the US Department of Commerce (DOC) indicates that the country’s Nickel scrap exports were down by 6.4% in September ’14 when compared with the same month a year ago. The average export price was also down when compared with the previous month

The nickel scrap exports during September ’14 totaled 2,380 tons, down 6.4% when compared with the same month in 2013. The country’s Nickel scrap exports during September last year had totaled 2,543 tons.

The average export price tumbled by nearly 10% over the previous month. The export prices averaged at $4,145.69 per ton. The Nickel scrap export prices had averaged at $4,606.32 per ton during August this year.

The US Nickel scrap exports totaled 23,313 tonnes during the initial nine-month period of the year.