Canadian rail shutdown disrupts US imports of ferrous scrap

US ferrous scrap imports from Canada were put at risk as a labor dispute halted cross-border rail transport, which could support domestic US prime scrap prices in September domestic monthly trade negotiations if the disruption is prolonged. A shutdown of Canada’s rail network started Aug. 22 as a deadline for labor talks expired, snarling logistics for a range of commodities….US ferrous scrap imports from Canada were put at risk as a labor dispute halted cross-border rail transport, which could support domestic US prime scrap prices in September domestic monthly trade negotiations if the disruption is prolonged. A shutdown of Canada’s rail network started Aug. 22 as a deadline for labor talks expired, snarling logistics for a range of commodities….Read More