As the domestic US ferrous scrapmarket attempts to find a pricing bottom, itis likely to be impacted by an export marketthat appears to have reached a ceiling.Market participants this week questioned thesustainability of newfound scrap prices ataround $200/mt delivered into Turkey.Since reaching a low on October 21 of $170/mt CFR Turkey on an HMS 80:20 basis, Turkishmills bought seven US bulk cargoes this week— one West Coast, two Gulf Coast and fourEast Coast. The HMS 80:20 portions of thecargoes ranged from $198/mt to $202/mt CFRTurkey.
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机译:由于美国国内黑色金属废料市场试图找到价格最低点,可能受到似乎已达到上限的出口市场的影响。本周市场人士质疑土耳其发现的新废钢价格在200美元/吨附近的可持续性。 10月21日低至170美元/吨(CFR土耳其),HMS 80:20,土耳其钢厂本周购买了七批美国散货,其中一个是西海岸,两个是墨西哥湾海岸,四个是东海岸。 HMS 80:20部分货物的价格在198美元/吨至202美元/吨(CFR土耳其)之间。
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