SteelOrbis has learned that the dock delivered price range for HMS I/II scrap in New York is now being heard at approximately $275-280/gt ($279-284/mt), off from earlier estimates at $280-$290/gt ($284-295/mt). Market insiders said New York HMS I/II dock prices are lower as deep sea scrap prices decline and low priced billet continues to weigh on US export scrap markets.