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As per latest information prices of steel scrap have posted substantial gains in last few days at world’s one of the most important and price trend setter ie Turkey

From the recent low of about USD 295-297 per tonne CFR Turkey for HMS of European origin, prices have surged by about USD 15-17 per tonne off in last few days

As per reports, the available volumes for sales from Europe and UK are at all-time low as the collection of scrap was cut down due to recent down fall in scrap prices. In addition, the traditional logistic issues due to setting of winter season are hampering collection and dispatches

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Weekly Poll
Coking coal prices to weaken in Q2
Yes
No
Can't Say
Baltic Dry Index
25 Nov, 2014
BDI
1313
BCI
2963
BPI
1064
BSI
970
Source: DryShips.com
Currency Rate
26 Nov, 2014
USD
1.0000
AUD
1.1702
BRL
2.5306
CAD
1.1261
CNY
6.1346
EUR
0.8017
GBP
0.6368
INR
61.8260
JPY
117.7697
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46.0782
ZAR
10.9660
Source: http://www.xe.com