Bulk ferrous scrap shipments to Turkey resume
Jul 05, 2012 | 02:14 PM
| Sean Davidson
NEW YORK U.S. bulk ferrous scrap exports to Turkey resumed Tuesday after a five-day lull, with prices trending slightly softer, AMM understands.
Market participants in the United States and Turkey confirmed that three cargoes sold just ahead of the Independence Day holiday, although only one was shipped off the East Coast.
Sources said one exporter sold 10,000 tonnes of an 80/20 mix of No. 1 and No. 2 heavy melt scrap at $381 per tonne c.f.r. Turkey and 25,000 tonnes of shredded scrap at $386 per tonneabout $2 per tonne lower than last weeks East Coast sales to Turkey at $383 per tonne c.f.r. for HMS 1&2 (80:20)....
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.