WEEKLY SCRAP WRAP: Scrap prices up ahead of year-end holidays

Global scrap prices trended upward in the week to Friday December 20 on higher offer prices and limited supplies.

Turkish import prices steady on limited trades United States export prices up on recent Turkish sales Vietnam, Taiwan import prices rise on higher offers Indian import prices up on tight supplies Turkey
Turkish imported ferrous scrap prices were largely stable this week, with only two cargoes traded before Turkish steelmakers retreated from the deep-sea market due to rising offer prices.
Turkish mills booked two Baltic cargoes at $299 and $300 per tonne cfr for HMS 1&2 (80:20) on December 16 - comparable to the previous Baltic cargo deal at $299.50 per tonne cfr. 

Fastmarkets' daily index for steel scrap HMS 1&2 (80:20...

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