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Turkey Mills in Turkey booked at least five deep-sea cargoes this week, with prices dropping through the week despite rising freight rates, due to continued poor demand for finished long steel.
Pricing history steel scrap HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey. steel scrap HMS 1&2 (80:20), US origin, cfr Turkey.
United States Prices in the United States export market have remained consistent on the cargoes sold to Turkey this week.
Pricing history steel scrap HMS 1&2 (80:20), export index, fob New York. steel scrap shredded scrap, export index, fob New York. steel scrap, HMS 1&2 (80:20), export index, fob Los Angeles.
Vietnam Prices on the Vietnamese scrap market continued to slip during the week due to weak downstream demand for long steel.
Pricing history steel scrap, HMS 1&2 (80:20), cfr Vietnam.
China In China, scrap prices move downward across the week on a drop in domestic scrap pricing linked to enforced production cuts.
Pricing history steel scrap, heavy recycled steel materials, cfr China
Taiwan Spot prices in Taiwan continued on a downtrend amid poor demand.
Pricing history steel scrap, HMS 1&2 (80:20 mix), US material import, cfr main port Taiwan.
India Prices for shredded steel scrap into India moved progressively lower through the working week.
Pricing history steel scrap, shredded, index, import, cfr Nhava Sheva, India.