Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

December 2016 | Steel Scrap and Metallics Forecaster


Major seaborne scrap benchmarks break higher after month long hiatus in activity: Latest Analysis


MBR maintains its view that Turkish electric arc furnace steel producers will experience greater competition for volumes from integrated producers all over Europe as most BOF steelmakers proportionally reduce their charge of hot metal in favour of more cost competitive scrap.

MBR understands Turkish mills broke their month-long hiatus from the scrap market and concluded new deals in the week commencing 12th December, with the news of three deep-sea bookings for January shipment. As a result, Metal Bulletin’s daily Turkish HMS#1&2 (80:20) import index broke out of its recent narrow range and edged $11.39/t...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?