Scrap import prices have gone up strongly
amid reduced availability of material in the deep-sea markets, caused by the closing of scrapyards especially in the UK and United States
in attempts to control the pandemic, and the subsequent decreased collection volumes.
The most recent deep-sea transaction from the US put the price of HMS 1&2 (80:20) around $243 per tonne cfr, which caused the daily scrap indices to jump
on April 7.
But suppliers were...