DAILY STEEL SCRAP: Prices continue to rise on limited supply

December 11, 2020 / www.metalbulletin.com / Article Link

The Turkish deep-sea scrap import market was quiet on Thursday December 10, although prices remained firm, sources told Fastmarkets.

A steel mill booked a European cargo at $377-378 per tonne cfr on an HMS 1&2 (75:25) basis, which raised the daily scrap indices by more than $12 per tonne on Wednesday, but the market was quiet on Thursday.

There was talk of a sale from the United States at $400 per tonne cfr and another from the EU at $391 per tonne cfr on an HMS 1&2 (80:20) basis. But neither of these...

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