DAILY SCRAP REPORT: Turkish mills resist higher offers

The Turkish steel producers skipped the last working day of the week with no deep-sea scrap bookings amid rising offer prices, sources said on Friday March 8.

The most recent deal was done on Thursday March 7 from the United States at $322 per tonne cfr for HMS 1&2 (80:20). However, market participants said offer prices for similar material were already above that US transaction price, with several offers heard at $325-330 per...


Cem Turken

March 08, 2019

16:54 GMT