DAILY SCRAP REPORT: Sentiment dips on second week with no trades

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

The Turkish steel producers have now seen a second week with no deep-sea scrap import bookings because of the year-end holiday periods, which traditionally slow down market activity, sources said on Friday January 3.

The Turkish mills have been quiet since December 20, when a Baltic Sea cargo was booked at $303 per tonne cfr.
Sentiment turned negative late in the week because of the downturn in the markets for finished long steel and steel billet.

The steel mills...

Recent News

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok