Steel and Scrap Update 8/7/20

*Physical scrap fixtures continue to be rangebound* A handful of physical fixtures have been reported over the past week, with traded levels holding relatively steady at around $255/t CFR. The most recent fixture was a UK based seller transacting a 15kT cargo, split across 14kT HMS 80:20 at $253/t and 1kT shredded scrap at $258/t …

Ferts in Focus 8/7/20

International paper prices flat through Q3 Futures curves remain relatively flat through the Q3 timeframe and into Q4 across intl urea paper contracts. Nearby values continue to move uniformly in line with physical, as the market awaits clear direction for where prices will go within the quarter.   Arab Gulf prices firmer AG urea prices …