US scrap indices rise on reports of new trades to Turkey

Turkish steelmakers have resumed their September buys, picking up several cargoes at higher prices after mills took a short breather following the purchase of a premium-priced US East Coast ferrous scrap cargo on July 20.

That was the only cargo sold from the USA to Turkey in the past seven days. It contained 10,000 tonnes of HMS 1&2 (90:10) at $311 per tonne cfr and 30,000...

Published

Mei Ling Toh

July 26, 2017

21:54 GMT