Copying and distributing are prohibited without permission of the publisher

DAILY SCRAP REPORT: Index holds steady on weak Turkish demand

January 21, 2014 - 16:50 GMT Location: Bursa

KEYWORDS: scrap prices , Turkey , HMS 1&2 , Baltic Sea , shredded , bonus , busheling , CIS

Metal Bulletin’s daily index for HMS 1&2 (80:20) scrap delivered to Turkey remained flat on Tuesday January 21.

Mills were staying away from the scrap markets on weakness of the Turkish lira and sluggish demand in the country’s export and domestic markets. The index closed at $391.52 per tonne cfr on Tuesday, unchanged day-on-day. The market was affected badly by the weak lira, according to market sources. One lira was worth $0.4465 on January...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

subscribe to this feed Comment & analysis

Upcoming Events

MB Glossary

From Aluminium to Zinc...
Search this free glossary on metals

Try the new Metal Bulletin BETA site...

We've added some great new features and tools which we think you'll find useful:

  • Easier to use navigation including links to new sections
  • Cleaner interface for the Price Book with easier to use data views
  • More dedicated pages for specific metals e.g chrome, antimony, nickel
  • Better search tools for news and prices with handy filters

Simply click 'Yes please' below to go straight to the BETA site
(Please note: you will need to log into the BETA site on your first visit. Plus you can return to the original site any time you wish)