DAILY SCRAP REPORT: Prices slump with Turkish return to deep-sea markets

Turkish steel producers returned to the deep-sea scrap markets on Friday January 19, after they managed to get lower prices from Baltic Sea and European suppliers.

With the news of three cargoes traded, the daily scrap indices went down sharply at the end of the week. Metal Bulletin’s daily index for Northern European HMS 1&2 (80:20) closed at $352.89 per tonne cfr, down by $14.10 per tonne day-on-day. The daily index for United States-origin scrap closed at...


Cem Turken

January 19, 2018

16:04 GMT