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Turks pay $40 more for ferrous scrap as demand revives

March 11, 2010 - 12:07 GMT Location: London

KEYWORDS: Turkey , ferrous , scrap , US , UK

Turkish mills have been forced to pay more for ferrous scrap as demand improved, market participants said.

Mini-mills bought at least ten deep-sea cargoes from UK, EU and US suppliers. Cargoes of HMS 1&2 (80:20 mix) sold for $381-390 per tonne cfr this week, up from $345-350 last week. Shredded material sold at $390-395 per tonne cfr this week, up from $350-367 one week ago. UK-based merchants were able...

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Ferrous

May 25, 2012 03:57 Alter Trading mulls Nebraska shredder
May 25, 2012 02:50 US East Coast scrap prices fall again at docks
May 24, 2012 14:50 DAILY SCRAP REPORT: Small Black Sea buyers sell off cargoes
May 24, 2012 00:29 Harsco renews three multiyear contracts in US
May 23, 2012 14:45 DAILY SCRAP REPORT: Index unchanged on lack of new offers

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