Turkey prices drop toward end of week
US sellers offload two cargoes to Turkey
Asian buyers get cargoes via bargain-hunting
India import prices more stable.
Import prices did not drop as rapidly as in previous weeks, leading some market participants to feel that prices were bottoming out.
Steel mills in the country booked six deep-sea cargoes totaling at least 180,000 tonnes this week.
The daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, ended the week at $219.88 per tonne on October 4, down by $2.42 per tonne from $222.30 per tonne on September 30.
The daily index for steel scrap, HMS 1&2...