DAILY SCRAP REPORT: Market silent again, sentiment still negative

January 31, 2020 / www.metalbulletin.com / Article Link

The Turkish deep-sea scrap import market has gone quiet since the recent slip in prices, sources told Fastmarkets on Thursday January 30.

The daily scrap indices went down by almost $10 per tonne on Wednesday, when a US cargo was heard sold at $275 per tonne cfr for HMS 1&2 (90:10).

But the mills have mostly been quiet in the wake of this cargo deal, because they were still focused on rebar and billet sales. No significant rebar...

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