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
scrap price prices
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.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from news and pricing data going back to 1997 plus access to our online database - MB Company Data.
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.