DAILY SCRAP REPORT: Mills book more scrap at falling prices

Turkish steel mills have continued to book deep-sea scrap cargoes while prices fall amid oversupply, sources said on Monday June 17.

A steel mill in the Iskenderun region booked a US cargo, comprising 10,000 tonnes of HMS 1&2 (80:20), 18,000 tonnes of shredded, 2,500 tonnes of plate and structural (P&S) and 2,500 tonnes of cut rebar at an average price of $289 per tonne cfr. Fastmarkets calculates...


Cem Turken

June 17, 2019

17:28 GMT