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DAILY SCRAP REPORT: Scrap prices close to 'rock bottom', mill source says

February 06, 2012 - 13:16 GMT Location: London

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

Metal Bulletin’s Daily Ferrous Scrap Index was at $431.03 per tonne cfr Iskenderun for HMS 1&2 (80:20) on Monday February 6, down from $433.64 on February 3.

Market participants are expecting prices to firm over the next week as winter conditions across Europe and the CIS make scrap collection and export harder, causing tightness in supply. Deals from the Baltic sold at the end of last week show prices weakening, however. A cargo...

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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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