By CRU Research Analyst Yusu Mao, from CRU’s Steelmaking Raw Materials Monitor Last week, buying activity continued in the Turkish scrap market, and our assessment for HMS 80:20 rose slightly to $411 per ton CFR Turkey, that’s a $3-per-ton increase week on week and a boost of more than $30 per ton vs. the prior month […]
By CRU Research Analyst Yusu Mao, from CRU’s Steelmaking Raw Materials Monitor Turkish scrap prices started to increase significantly last week. Accordingly, our assessment for HMS 1/2 80:20 rose to $374 per ton CFR based on two new deals, up $35 per ton week-on-week (WoW) and up $26 per ton month-on-month (MoM). Scrap sellers have been […]
By CRU Research Analyst Yusu Mao, from CRU’s Steelmaking Raw Materials Monitor Turkish scrap prices rebounded on a fresh deal last week, for the first time since the beginning of September. Our assessment for HMS 1/2 80:20 rose to $365 per ton CFR, up by $21 per ton week-on-week (WoW) but down by $31 per ton […]