DAILY SCRAP REPORT: Prices steady in latest trades but downturn expected

The Turkish steel mills continued to book deep-sea scrap at steady prices at the end of the current week but prices are likely to fall in the next bookings, sources said on Friday March 15.

A steel mill in the Izmir region booked a European cargo, comprising 13,000 tonnes of HMS 1&2 (75:25) at $318 per tonne, 6,000 tonnes of bonus at $331 per tonne and 6,000 tonnes of busheling at $334 per tonne cfr. The cargo was scheduled to be shipped in the first half of May. Another steel mill in the Marmara region booked...


Cem Turken

March 15, 2019

16:25 GMT