DAILY SCRAP REPORT: Firm offers keep Turkish mills out of deep-sea scrap market

Turkish steel producers continued to remain out of the deep-sea ferrous scrap markets while suppliers kept their offers firm, sources told Fastmarkets on Tuesday March 19.

Market participants said that suppliers in the United States kept their offers at $330 per tonne cfr for HMS 1&2 (80:20), but the steel producers in Turkey were only willing to pay $315 per tonne for the same material. “US suppliers are keeping their offers flat at $330...


Cem Turken

March 19, 2019

17:28 GMT