Turkish HMS 1/2 80:20 import prices stay flat at $212 a ton-Shanghai Metals Market

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Turkish HMS 1/2 80:20 import prices stay flat at $212 a ton

Industry News 04:18:41PM Nov 16, 2016 Source:scrapregister

TURKEY November 16 2016 10:33 AM

ANKARA (Scrap Register): Turkish HMS 1/2 80:20 scrap import weekly average prices (CFR Iskenderun Port, Turkey) stayed flat at $212 a ton during the week ended October 07, as per the latest figures from the Steel Index.

Of the latest deals, a US East Coast-based recycler sold a mixed cargo which normalized at $215 a ton under TSI’s methodology.

Meanwhile, two UK-origin cargoes were reported, one destined for a Marmara-based mill at an average price of $214 a ton for 10kt HMS #1&2 80:20 and 15kt shredded material. 

This buyer was also active earlier in the week, with a Beneluxorigin cargo booked for October-end loading. That level was slightly lower than the most recent cargoes, in line with the $210 a ton index print earlier this week.

Price

more
62% Fe Fines (Qingdao Port): IOPI62
Apr.22
685.0
16.0
(2.39%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.22
94.3
2.3
(2.51%)
58% Fe Fines (Qingdao Port): IOPI58
Apr.22
603.0
2.0
(0.33%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.22
82.5
0.3
(0.36%)
65% Fe Fines (Qingdao Port): IOPI65
Apr.22
794.0
17.0
(2.19%)

Turkish HMS 1/2 80:20 import prices stay flat at $212 a ton

Industry News 04:18:41PM Nov 16, 2016 Source:scrapregister

TURKEY November 16 2016 10:33 AM

ANKARA (Scrap Register): Turkish HMS 1/2 80:20 scrap import weekly average prices (CFR Iskenderun Port, Turkey) stayed flat at $212 a ton during the week ended October 07, as per the latest figures from the Steel Index.

Of the latest deals, a US East Coast-based recycler sold a mixed cargo which normalized at $215 a ton under TSI’s methodology.

Meanwhile, two UK-origin cargoes were reported, one destined for a Marmara-based mill at an average price of $214 a ton for 10kt HMS #1&2 80:20 and 15kt shredded material. 

This buyer was also active earlier in the week, with a Beneluxorigin cargo booked for October-end loading. That level was slightly lower than the most recent cargoes, in line with the $210 a ton index print earlier this week.