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DAILY SCRAP REPORT: More ex-USA ferrous deals but most European sellers absent

February 02, 2012 - 14:03 GMT Location: London

KEYWORDS: ferrous scrap , ferrous scrap prices , steel scrap prices , Turkey , USA , Europe

Metal Bulletin’s Daily Ferrous Scrap Index was almost unchanged at $434.21 per tonne cfr Iskenderun for HMS 1&2 (80:20) on Thursday February 2, from $437.17 a day earlier.

There has been a steady stream of deals filtering through from the US east coast in the past week, with one mill source reckoning ten cargoes from one supplier have been fixed. On Thursday, a deal for HMS 1&2 (80:20), shredded and P&S was heard at $440, $445 and...

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