DAILY SCRAP REPORT: Market direction, trade uncertain as US sales slow down

Mar 23, 2012 | 09:57 AM |

Metal Bulletin’s Daily Ferrous Scrap Index rose slightly to $435.93 per tonne cfr Iskenderun on an HMS 1&2 (80:20) basis on Friday March 23, up from $435.40 a day earlier. Five cargoes have been sold from the US east coast this week, according to market participants. All these cargoes have had HMS 1&2 (80:20) at $440 per....

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