DAILY SCRAP REPORT: Mills seek lower offers but suppliers keep prices flat

The Turkish deep-sea scrap import markets went quiet at the beginning of the week, with mills expecting to hear lower offer prices, sources said on Monday March 18.

Most of the offers in the market were around $330 per tonne cfr for United States-origin HMS 1&2 (80:20), while mills were looking for $315-320 per tonne, sources said. The expectation for lower prices was a consequence of the strength of supply. But suppliers resisted any...


Cem Turken

March 18, 2019

16:55 GMT