Final-month fillip for prices

After shedding typically US$ 20 per tonne following our previous report, ferrous scrap prices recovered the lost ground in late November and early December to leave our headline values unchanged. Latest cfr price indications for shipments to Turkey are as follows: US$ 425-430 per tonne for standard quality HMS I/II 80/20 scrap; US$ 430-435 per tonne for shredded; and US$ 410-415 per tonne for the HMS I/II 70/30 mix.

Recent weeks have brought a greater measure of stability to the scrap market although production ...

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