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DAILY SCRAP REPORT: More action as mills and merchants start negotiating

July 01, 2011 - 13:25 GMT Location: London

KEYWORDS: Daily scrap report , cfr Iskenderun index , ferrous scrap index , Metal Bulletin

MB’s Daily Ferrous Scrap Index cfr Iskenderun stood at $464.78 per tonne on an HMS 1&2 (80:20) basis on Friday, up from $458.6 per tonne on Thursday.

A string of offers came into the market towards the end of this week and one merchant was able to sell a cargo of HMS 1&2 (80:20) at $464-465 per tonne cfr Iskenderun, market participants said. This deal represented a $9-10 increase on another deal from the UK at the start of the week and showed that...

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Ferrous

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
May 23, 2012 10:24 China halts scrap imports on weak domestic market
May 23, 2012 08:53 SE Asia scrap prices down $15-20 as buyers await market cues
May 23, 2012 00:35 US recyclers facing bankruptcy filings

Ferrous Scrap

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
May 23, 2012 10:24 China halts scrap imports on weak domestic market
May 23, 2012 00:35 US recyclers facing bankruptcy filings
May 23, 2012 00:31 SA Recycling dismisses Calif. closure rumors

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