DAILY SCRAP REPORT: European cargo raises prices $5 per tonne

The Turkish steel mills have resumed their deep-sea scrap purchases for December deliveries with prices remaining strong in the latest transaction, sources said on Tuesday November 6.

A steel mill in the Marmara region booked a European cargo late on November 5, comprising 20,000 tonnes of HMS 1&2 (75:25), 10,000 tonnes of shredded and 10,000 tonnes of a mixture of HMS 1 and plate and structural scrap (P&S) at an average price of $337 per...


Cem Turken

November 06, 2018

17:20 GMT