The November monthly average of TSI’s daily benchmark index for Turkish imports of HMS
#1&2 80:20 was US$195.52/tonne, up US$16.98/t from October.
The index hit a high of US$200/
t in the middle of the month, before dropping to US$190/t at the end of the month.
TSI’s monthly US shredded 10-day average index for November was US$166/long ton.
The
monthly average of TSI’s established weekly US domestic shredded scrap index (delivered
Midwest mill) fell US$15.05/l. ton (-8.3% m-o-m) to US$166.20/l. ton in November.
The weekly
price of US$166/l. ton marked another record low for the index.
Both of TSI’s Asian indices saw a small increase in November – the monthly average of Taiwanese
imports of HMS #1&2 80:20 rose by 5.38% m-o-m, whil
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