US scrap export offers drop further

Thursday, 29 October 2009 08:22:44 (GMT+3)   |  
SteelOrbis has learned that current bulk offer prices of ex-US shredded scrap to Turkey are heard at $250 to $260/mt CFR, representing a $5/mt decrease from the beginning of the week.  Current bulk offers of HMS I/II 80:20 to China stand at $300/mt CFR, down $20/mt from a week ago.

Ex-US containerized shipments of HMS I/II 80:20 material is being quoted at $260/mt CFR Korea, while the same offers to Taiwan are at $270/mt CFR.

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