DAILY SCRAP REPORT: Turkish mills accept higher prices, resume scrap bookings

Turkish steel producers broke their silence in the deep-sea scrap markets, as they agreed the higher prices being expected by suppliers.

Six deep-sea cargoes were confirmed after Metal Bulletin's scrap indices closed on Friday or were done on Monday October 9. Metal Bulletin’s daily scrap index for Northern Europe-origin HMS 1&2 (80:20) scrap closed at $302.34 per tonne cfr on Monday, up by $11.47 per tonne compared with Friday’s close. The daily index for USA-origin material closed the day at $311.53 per tonne cfr, up by $11.83 per tonne. This put the...


Cem Turken

October 09, 2017

16:16 GMT