DAILY SCRAP REPORT: Mills still looking for scrap in July [CORRECTED]

Turkish steel producers remained out of the deep-sea scrap markets at the beginning of the week, while suppliers were trying to keep offers firm, sources said on Monday June 24.

Mills slowed their bookings last week, with almost 80% of all their July requirements booked. Although, this means they still need to book scrap, sources told Fastmarkets. As a result, suppliers were keeping their offers as firm as possible, trusting there would be further demand from Turkish steel producers. Offers for HMS 1&2 (80:20) were...


Cem Turken

June 24, 2019

16:00 GMT