DAILY STEEL SCRAP: Mills extend absence from deep-sea market; sentiment turns negative

January 15, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers continued to hold back from deep-sea scrap purchases with sentiment turning negative, sources told Fastmarkets on Thursday January 14.

Since a number of steel scrap cargoes were booked at the end of last week, mills have been quiet.
The number of offers from suppliers in the United States and Russia, however, has increased, according to sources.

"Suppliers in the US are offering HMS 1&2 (80:20) at $482-483 per tonne...

Recent News

Silver outperformance driven by weak supply growth

July 29, 2024 / www.canadianminingreport.com

Supply data still points to major silver deficit this year

July 29, 2024 / www.canadianminingreport.com

Canada second most significant player in global mining M&A

July 22, 2024 / www.canadianminingreport.com

Plenty of potential for continued rotation out of tech

July 22, 2024 / www.canadianminingreport.com

Platinum to palladium ratio low, platinum to gold high, versus history

July 15, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok