DAILY SCRAP REPORT: Mills seek rebar, billet sales before buying scrap

The Turkish steel producers have gone another day without making any deep-sea scrap bookings because of the slowdown in the finished and semi-finished steel markets, sources said on Thursday July 11.

A steel mill in the Iskenderun region had booked a UK cargo on July 9 at $288 per tonne cfr for HMS 1&2 (80:20). The mills then went quiet in the deep-sea scrap markets. But market participants...


Cem Turken

July 11, 2019

16:22 GMT