DAILY SCRAP REPORT: Indices up again as mills continue to book material

Turkish steelmakers have continued to increase their buying prices for January deliveries of ferrous scrap cargoes, market sources told Metal Bulletin on Monday December 11.

Mills in the country have booked material from Europe, the United Kingdom and the Baltic Sea in recent days as the scrap markets maintained their end-of-year rally. Metal Bulletin’s daily scrap index for Northern Europe-origin HMS 1&2 (80:20) scrap closed at $346.20 per tonne cfr on Monday, up by $4.80 per tonne compared with Friday. The index for United States-origin material...


Lee Allen

December 11, 2017

16:28 GMT