DAILY SCRAP REPORT: Turkish mills return to deep-sea markets for seven cargoes

The Turkish steel producers have returned to the deep-sea scrap markets after a short break and have booked seven new cargoes, sources said on Thursday July 13.

The daily scrap indices, however, went down slightly on the same day. Metal Bulletin’s daily scrap index for Northern Europe-origin HMS 1&2 (80:20) scrap closed at $291.83 per tonne cfr, down by $1.24 per tonne day-on-day. The daily scrap index for USA-origin material closed the day at $299.34 per tonne cfr, down by $3.05 per tonne day-on-day. This put the premium for US material over Northern European scrap at $7.51 per tonne on July 13. A...

Published

Cem Turken

July 13, 2017

16:04 GMT

Mugla