DAILY SCRAP REPORT: Mills seek lower prices; sentiment remains poor

February 01, 2020 / www.metalbulletin.com / Article Link

Turkish deep-sea scrap import markets were quiet at the end of the week, with mills seeking lower prices, sources told Fastmarkets on Friday January 31.

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).

This has been the only cargo sold so far this week, as mills push for even lower prices as they struggle with sluggish rebar and...

Recent News

AOCE and WB boost gold targets for 2025 significantly

November 10, 2025 / www.canadianminingreport.com

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok