DAILY SCRAP REPORT: Indices hit new record high on fresh deep-sea trades

Turkish scrap import prices reached another record high when fresh deep-sea cargoes changed hands on Thursday-Friday August 10-11.

The daily scrap indices reached their highest levels since September 26, 2014. Metal Bulletin’s daily scrap index for Northern Europe-origin HMS 1&2 (80:20) scrap closed at $344.55 per tonne cfr, up by $6.33 per tonne day-on-day. The daily index for USA-origin material closed at $355.25 per tonne cfr, up by $6.44 per tonne day-on-day. This put the premium for US material over Northern European...

Published

Cem Turken

August 11, 2017

16:00 GMT

Mugla