Turkish buys lift ferrous scrap prices slightly
Oct 29, 2007 | 07:20 AM
| Ben Garside
U.S. exporters sold two ferrous scrap cargoes to Turkish steelmakers last week, boosting prices between $2 and $3 a tonne, although much of the gain likely will be eaten up by higher ocean freight rates.
U.S. exporters sold an 80-20 mix of No. 1 and No. 2 heavy melting steel scrap at $345 a tonne, delivered to Turkey, and shredded scrap at $350 a tonne. Both cargoes are slated for November delivery, market sources said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.