DAILY SCRAP REPORT: Mills exit deep-sea market again to ponder latest downturn in steel prices

Turkish steel producers paused their deep-sea scrap bookings again to take in the latest downturn in steel prices, sources told Fastmarkets on Wednesday July 10.

After a steel mill in the Iskenderun region paid $288 per tonne cfr for UK-origin HMS 1&2 (80:20), on Tuesday July 9, the daily scrap indices went down by $14.78 per tonne. The drop was...


Cem Turken

July 10, 2019

16:28 GMT