DAILY SCRAP REPORT: Market remains quiet, prices likely to fall

February 15, 2019 / www.metalbulletin.com / Article Link

The Turkish deep-sea scrap import markets remained quiet on Thursday February 14, but market participants expected prices to soften due to limited demand and weak finished steel markets in the country, sources said.

There was talk in the market about a Baltic Sea cargo sold at $326 per tonne cfr for HMS 1&2 (80:20), but there was no confirmation of this transaction at the time of publication.Market participants believed that prices were likely to fall due to the hiatus in demand in Turkey and...

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