Turkish import scrap prices were considered to have hit the market bottom over the past weekend, before they nudged up on the sales of US-origin cargoes on Monday
Indian import shredded scrap prices fell last week following Turkey’s dramatic price drop, but prices for Indian import HMS 1&2 (80:20) material held steady
. The opposite was true this week, with HMS 1&2 (80:20) prices falling by $5-10 per tonne.
Metal Bulletin’s price assessment for containerised HMS 1&2 (80:20) imported into India was $270-285 per tonne cfr...