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DAILY SCRAP REPORT: Index stable on weak Turkish demand

March 26, 2014 - 14:35 GMT Location: Bursa

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

Metal Bulletin’s daily index for HMS 1&2 (80:20) scrap material delivered to Turkey remained stable on Wednesday March 26 as demand in Turkey was still weak.

The index closed at $367.47 per tonne on the day, unchanged day-on-day. No significant deals have been reported since the beginning of the week as the country’s steel producers were trying to stay out of the market so as to push prices down, sources said. The market was expected to remain...

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