- Market stasis ends with lower prices in Turkey
- US export market expecting lower prices
- Prices slip in Taiwan, Vietnam
- Indian markets falter on poor conditions.
Purchases of cargoes from the deep sea market finally resumed after a period of inactivity
, with a handful of US- and Baltic Sea-origin deals booked for the first time this month, but with prices moving downward.
Fastmarkets’ daily index for steel scrap HMS 1&2 (80:20), Northern Europe origin, cfr Turkey
, ended the week at $265.53 per tonne, down from $272.13 per tonne one week earlier.
The corresponding daily index for steel scrap HMS 1&2 (80:20), US origin, cfr Turkey
, was $272.97 per tonne on Friday, down from $279.45 per tonne one week earlier.
Prices on the US export market were likely to move down in fresh trading.
An East Coast export source...