US bulk ferrous scrap export prices mixed
May 29, 2014 | 04:21 PM
| Sean Davidson
NEW YORK U.S. bulk ferrous scrap exports recorded a mixed week after shippers raised price offers to South Korea, while one exporter lowered tags marginally into Turkey.
After more than three months of no bulk sales to Korea, market participants expected at least one bulk cargo vessel to conclude this week following strong interest from a major Korean producer.
However, the Korean producer and U.S. exporters failed to agree on a price after buyers refused to pay more than $375 per tonne c.i.f. Korea for No. 1 heavy melt, while exporters reportedly held firm at an offer price of $380 per tonne and higher, AMM has been told.....
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.