DAILY SCRAP REPORT: Three new US cargoes send prices down

Turkish deep-sea scrap import prices have gone down sharply, which was expected after the mills in the country failed to sell finished long steel products to the United States, sources told Fastmarkets on Monday June 10.

Two steel mills in Turkey booked three US cargoes over the weekend.

A steel mill in the Iskenderun region booked a US cargo on June 8, comprising 12,500 tonnes of HMS 1&2 (90:10) at $298.50 per tonne, 12,500 tonnes of shredded at $300.50 per tonne and 5,000 tonnes of plate and structural (P&S) at $305.50 per tonne cfr.


Cem Turken

June 10, 2019

16:10 GMT