DAILY SCRAP REPORT: Turkish buying rally continues in deep-sea markets

Turkish steel producers have continued their deep-sea scrap purchases, increasing their combined tonnage for import to 226,000 tonnes in two days, sources said on Thursday June 13.

In addition to two deep-sea cargoes booked early on June 12, four steel mills booked five more cargoes late that day. A steel mill in the Marmara region booked a US cargo, comprising 18,000 tonnes of HMS 1&2 (80:20) at $292 per tonne and 7,000 tonnes of shredded at $297 per tonne cfr. The same mill booked a second US cargo, comprising 13,000 tonnes of HMS 1&2 (80:20) at...


Cem Turken

June 13, 2019

16:38 GMT