- Turkish import prices drop in latest cargo deal
- US export prices down on both coasts
- Taiwan import prices slip on demand dip
- Indian import prices decline on Turkish price downturn.
Turkish imported ferrous scrap prices fell further last week when sluggish demand for rebar pushed Turkish mills to hold back from their expected February bookings.
Only one cargo of ferrous scrap was booked to Turkey last week. A UK-origin cargo containing 22,000 tonnes of HMS 1&2 (80:20) was transacted at $277 per tonne cfr on January 23
The daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey
, ended the week at $274.25 per tonne on January 24, down from $280.70 per tonne on January 20.
The corresponding daily index for steel scrap, HMS 1&2 (80:20 mix), US origin,...