CRU: Resumption of Trade Leads to Higher Turkish Scrap Import Prices
Turkish scrap import prices rose due to conclusion of several deals towards the end of last week as key buyers and sellers re-entered the market.
Tag: HMS
CRU: Turkish Scrap Prices Stabilize Due to Limited Buying Activity
Turkish scrap import prices have remained relatively stable over the past two weeks due to slow trade activity. This was partly due to the holiday on August 30. CRU’s latest price assessment for HMS1/2 80:20 is $368 /metric ton CFR, up $1 /metric ton week-over-week (WoW) and up $21 /metric ton month-over-month (MoM). The holiday […]
US Busheling, Shred Tags Level Off in August, HMS Up
The US scrap market showed some stability in August, with prices mostly sideways on busheling and shredded grades, and HMS prices ticking up from the previous month, sources said.
Domestic Scrap Tags Could Rebound in August: Sources
August could see US scrap prices stabilizing, or even rising, depending on the grade or region, scrap sources told SMU.