terça-feira, 22 de março de 2016

TURKISH IMPORTED SCRAP GOES TO US$ 230

A raft of fresh deals carried Turkish imported scrap pricing higher Friday, as the market shrugged off the bearishness that prevailed around midweek.

Several composite cargoes were spotted from Europe in the morning, with prices showing a steady market over Thursday. More trades followed in the afternoon, however, including two premium US cargoes at $229/mt and $232/mt for 80:20.

This business sent indications rising from buy- and sell-side sources alike, with all indicating $229-232/mt as representing repeatable value.

Platts assessed HMS I/II 80:20 CFR Turkey at $230/mt on Friday, up $1/mt from Thursday.

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