London 26 January 2011 15:10
MB’s Ferrous Scrap Index cfr Turkey rose again on Wednesday, calculating at $499.16 on an HMS 1&2 (80:20 mix) basis on news of another deep sea cargo booking.
Late on Tuesday a Turkish mill booked an EU-origin cargo comprising 10,000 tonnes of shredded material with maximum 0.25% Cu content at $505 per tonne cfr and 10,000 tonnes of special shredded material with maximum 0.12% Cu content at $515.
An offer first quoted on Tuesday for 32,000 tonnes of EU-origin HMS 1&2 (70:30 mix) at $485 per tonne cfr still hasn’t attracted buyers, market participants said.
“We haven’t even received a counter offer,” the recycler said.
Copyright © Metal Bulletin Ltd. All rights reserved.
No comments:
Post a Comment