DAILY SCRAP REPORT: Indices steady on lack of fresh transactions

By Cem Turken / May 09, 2018 / www.metalbulletin.com / Article Link

Turkish steel producers stayed out of the market on Wednesday May 9, with no deep-sea transactions reported amid holidays in Russia and Ukraine, sources told Metal Bulletin.

The Ukrainian and Russian markets were closed for Victory Day holidays on Wednesday.Market participants nonetheless said that Baltic Sea-origin HMS 1&2 (80:20) will be about $357 per tonne and $360 per tonne cfr when the next bookings take place.The most recent Baltic Sea trade for heavy melt scrap was heard at $353...

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