DAILY SCRAP REPORT: Prices rise on latest burst of new bookings

Turkish deep-sea scrap import prices went up on Wednesday January 30 following another burst of fresh bookings completed at higher prices, sources told Fastmarkets.

There were two cargoes booked from the United States. A steel mill in the Iskenderun region booked a US cargo comprising 30,000 tonnes of HMS 1&2 (80:20) at $310 per tonne cfr for February shipment. A second US cargo was booked by a mill in Marmara, comprising an unknown amount of HMS 1&2 (80:20), also at $310 per tonne cfr. This price was up from the latest known US cargo, which priced HMS 1&2 (80:20) at $297 tonne. There were also two Baltic Sea-origin cargoes booked. A steel mill in the Izmir region booked a Baltic Sea...


Carrie Bone

January 30, 2019

16:25 GMT