DAILY SCRAP REPORT: Turkish mills wait for rebar demand before booking more scrap

The Turkish steel producers were inactive in the deep-sea scrap market at the start of this week because they were digesting the latest transactions, sources said on Monday September 10.

The mills in the country have booked at least nine deep-sea cargoes over the past week, totaling more than 240,000 tonnes. But they need to make sure that rebar export sales will continue if they are to book more deep-sea scrap, sources said. “Offers [of HMS 1&2 (80:20)] are around $320-325 per tonne from the Baltic...


Cem Turken

September 10, 2018

16:37 GMT