DAILY SCRAP REPORT: Prices surge on higher transactions

Turkish deep-sea scrap import prices went up on Tuesday February 5 following the sale of a higher priced cargo, sources told Fastmarkets.

A steel mill in the Marmara region booked a Baltic cargo comprising 25,500 tonnes of HMS 1&2 (80:20) scrap at $321.50 per tonne cfr and 7,500 tonnes of bonus at $331.50 per tonne cfr. This new cargo price is an increase when compared to the sale of a European cargo, reported yesterday, because of the higher...

Published

Carrie Bone

February 05, 2019

17:12 GMT

London