DAILY SCRAP REPORT: Black Sea deal to Turkey signals price weakness

Apr 20, 2012 | 09:24 AM |

Metal Bulletin’s Daily Ferrous Scrap Index fell slightly to $446.86 per tonne cfr Iskenderun on an HMS 1&2 (80:20) basis on Friday April 20, down from $447.09 a day earlier. Up until Friday morning, no deep-sea cargoes had been sold to Turkey this week, market participants said.....

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