US March looking down $40/gt on shred #scrap + down $50-60/gt on busheling. #Turkey shred market is down $40/t now after fall to low $380s for hms and low $400s for shred. New #McCloskey Whatsapp Channel for #Ferrous Scrap coming this week - direct message if interested please
Clear bad start to week. LME #scrap reacted viciously to weak China. No macro-intervention there + lower #scrap dockside prices will put #Turkey prices under more pressure this week. VAT issue still the real issue in Turkey - needs deciding - scrap buyers to act cautious meantime
Just registered for The Baltic Exchange's latest event: "6th Annual Baltic ICS Lecture Series: Navigating the Seas of Risk: A Deep Dive into Shipping Risk Management and Derivative Products" https://t.co/B6o6FqT2KM via @@BalticExchange