CIS export billet offers stable, under pressure from falling scrap values

CIS billet export prices came under pressure from lower scrap prices in Turkey this week, sources told Metal Bulletin on Wednesday March 22.

The sharp fall in scrap prices came after a deep-sea cargo sale to Iskenderun, at an average price of $281 per tonne cfr, sent Metal Bulletin`s daily index for USA-origin HMS 1&2 (80:20) down by $14.97 per tonne on Tuesday, to $277.67 per tonne cfr.


Vlada Novokreshchenova

March 22, 2017

15:38 GMT