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DAILY SCRAP REPORT: Prices stable as winter conditions bring threat of tight supply

February 01, 2012 - 13:36 GMT Location: London

KEYWORDS: ferrous scrap , ferrous scrap prices , steel scrap prices

Metal Bulletin’s Daily Ferrous Scrap Index was almost unchanged at $437.17 per tonne cfr Iskenderun for HMS 1&2 (80:20) on Wednesday February 1, from $437.15 a day earlier.

Around four cargoes have been sold recently from the US east coast to Turkey, all commanding prices of $440, $445 and $450 per tonne cfr for, respectively, HMS 1&2 (80:20), shredded and P&S grades. There were reports of...

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