SE Asia ferrous scrap prices down $10 as demand stays sluggish
Oct 27, 2011 | 12:18 AM
Ferrous scrap prices in Southeast Asia fell $10 per tonne this week as demand in the region remains at a low ebb.
Buyers in Malaysia, Indonesia and Vietnam are booking HMS 1&2 (80:20 mix) in containers from Europe and the USA at $430-440 per tonne cfr, down from $440 per tonne cfr last week, sources said.
“This is what the mills are prepared to pay now. But since prices....
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.