DAILY SCRAP REPORT: Ex-US prices firm as Turkish steel makers lower margins

Oct 31, 2011 | 07:59 AM |

MB’s Daily Ferrous Scrap Index cfr Iskenderun rose to $425.97 on an HMS 1&2 (80:20) basis on Monday, up from $422.94 on October 28 as US scrap prices pushed the index up. Three cargoes were rumoured to have been sold to Turkish mills late....





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This whole thing is becoming a game of smoke.

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