Bookings of US scrap slip below $455/t cfr Korea - Steel Business Briefing (subscription) 

Forexrazor

Bookings of US scrap slip below $455/t cfr KoreaSteel Business Briefing (subscription)“There's hardly anything happening now,â€� a regional trader tells Steel Business Briefing. Last week, SeAH Besteel booked one bulk cargo from USA at $453/tonne cfr for HMS 1. Prior to this booking, Hyundai Steel booked two cargoes just before the ...and more »

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UK scrap still to settle at lower levels - Steel Business Briefing (subscription) 

Forexrazor

UK scrap still to settle at lower levelsSteel Business Briefing (subscription)This week deals for HMS 1/2 are said to have been done at £240-250/t ($379-395/t) ex-yard, stable from the week before. However, the spot market could decline further if the international scrap price continues to weaken. Demand from Spain remains weak, ...

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CIS scrap exports prices dip, sentiment stable - Steel Business Briefing (subscription) 

Forexrazor

CIS scrap exports prices dip, sentiment stableSteel Business Briefing (subscription)Last month Turkey imported 121000t of scrap from the CIS, about 6% of the country's monthly import levels, a seasoned scrap trader tells SBB. Sales of A3 (HMS 1&2 80/20 equivalent) were at $420-425/tonne cfr Turkey from Black/Azov Seas and $435/t cfr ...and more »

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