DAILY SCRAP REPORT: Market remains quiet; prices may rebound soon

April 04, 2020 / www.metalbulletin.com / Article Link

Turkish deep-sea scrap import trade remained quiet at the end of the week, but prices are poised to increase amid tightening supply, sources told Fastmarkets on Friday April 3.

The most recent deep-sea transactions were heard at the beginning of the week and put the HMS 1&2 (80:20) price at $206-207 per tonne cfr.A steel mill in northern Turkey booked a Baltic Sea cargo, comprising 9,000 tonnes of HMS 1&2 (80:20), 14,000 tonnes of shredded and 3,000 tonnes of bonus at an average price of $210 per tonne cfr. The...

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