Scrap iron prices are falling practically on a daily basis. Turkey is lowering prices daily and china is not buying at all (except iron ore) as they have excessive inventories.
Vietnam is still in the market around $350 - $360 MT CNF and India is in the $370 MT CNF range.
This past month Indonesian mills were active but I haven't heard anything about June yet.
Marc R. Azous
Recycling Consultant, LLC.
www.RecyclingConsultant.comwww.recyclingconsultant.com
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