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DAILY SCRAP REPORT: Turkey imports 13 scrap cargoes in past week

July 16, 2014 - 14:05 GMT Location: Bursa

KEYWORDS: scrap prices , HMS , shredded , bonus , P&S

Metal Bulletin’s daily index for HMS 1&2 (80:20) scrap delivered to Turkey remained flat on Wednesday July 16 with a lack of fresh trades this week.

The index closed at $362.82 per tonne cfr, unchanged day-on-day. No significant deep-sea deals have been heard so far this week. However, more deals from last week were freshly heard in the market on Wednesday. A steel producer in the Marmara region booked a European cargo, comprising 30,000 tonnes of HMS 1&2 (75:25) at $360 per tonne and 10,000 tonnes of bonus scrap at $379.50 per tonne cfr, on July 10. Another steel mill in Iskenderun booked a US cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $372 per tonne, 15,000 tonnes of shredded at $377 per tonne, and 5,000 tonnes of bonus scrap at $382 per tonne cfr, also on July 10. There were eleven more cargoes booked...

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