DAILY SCRAP REPORT: European cargo trade sends prices, indices down

Turkish deep-sea scrap import prices fell sharply on Thursday May 17 on news of a fresh European cargo being sold on the day.

The country’s steel producers were trying to get lower prices because of the weak demand in the domestic finished steel markets, sources said. A steel mill in the Iskenderun region booked the European cargo, comprising 25,000 tonnes of HMS 1&2 (75:25) and 10,000 tonnes of bonus at an...

Published

Cem Turken

May 17, 2018

16:22 GMT

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