DAILY SCRAP REPORT: Lower offers send prices down further

December 19, 2018 / www.metalbulletin.com / Article Link

Turkish scrap import prices continued to fall on Tuesday December 18, reflecting the slightly lower offers that mills received from Baltic Sea suppliers, sources said.

Several sources reported at the start of this week suppliers in the Baltic Sea region were offering HMS 1&2 (80:20) at $300-305 per tonne cfr. But some offers for the same material were heard at $290-295 per tonne cfr on Tuesday.In response to the fresh offers, the mills lowered their bids for that material to slightly below $280 per tonne cfr on the same day, according to the sources."Domestic finished steel prices are...

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