Copying and distributing are prohibited without permission of the publisher
US scrap prices to China slide on higher-than-expected supply
November 21, 2012 - 04:45 GMT
Location:
Shanghai
KEYWORDS:
China
,
USA
,
Japan
,
scrap price prices
,
HMS1&2(80:20)
,
Japanese HS
US scrap prices to China have fallen below $400 per tonne cfr, after supply exceeded market expectations.
Offers of US HMS1&2(80:20) stood at about $395 per tonne cfr, down $5 per tonne from a week ago, a steel mill source in Jiangsu told Metal Bulletin sister title Steel First. Offers of shredded material also fell by the same amount to about $405 per tonne cfr, the source added....
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
Subscribe
A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 15 years of intelligence. Start your subscription today.
Subscribe
Free trial
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.
Free trial