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DAILY SCRAP REPORT: Index stable on weak Turkish demand
March 26, 2014 - 14:35 GMT
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
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