Since the end of January HMS 1&2 (80:20) has fallen in price by 25% and is now sold at $255-263/t CIF.
Price for A3 scrap has fallen to $240/t CIF.
Ukrainian exporters offer this scrap at $200-220/t FOB at Ukrainian ports.
The main reason for the scrap price drop was the position of Turkish metal companies, one of the largest consumers of scrap in the world. (Ukrainian metal)
