DAILY SCRAP REPORT: New Baltic Sea trades send prices down by more than $3 per tonne

Turkish steel producers have continued to book deep-sea scrap cargoes this week, with prices falling further, sources said on Wednesday May 15.

The mills were trying to keep their deep-sea scrap purchases as slow as possible, to put downward pressure on prices, because demand for long steel products was sluggish and values were falling, Fastmarkets was told. But two steel mills came to the market...

Published

Cem Turken

May 15, 2019

16:42 GMT

Mugla