Europe ups ferrous scrap ante in anticipation of Turkish buys
Oct 20, 2005 | 07:52 PM
| Ben Garside
European ferrous scrap exporters have raised their offering prices by about $10 a tonne on expectations that a Turkish spending spree looms, although no cargoes have yet been booked at these higher levels.Exporters in western Europe are looking for at least $225 a tonne for the 60-40 blend of No. 1 and No. 2 heavy melting steel scrap, and $230 for an 80-20 blend of those grades delivered to Turkey, Rotterdam-based traders 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.