DAILY SCRAP REPORT: Mills extend silence in deep-sea markets

The Turkish steel mills continued their silence in the deep-sea scrap markets on expectations of lower prices, while suppliers were keeping their offers firm, sources said on Thursday September 12.

There have been no bookings confirmed since a steel mill in the Izmir region booked a Baltic Sea cargo of 25,000 tonnes of HMS 1&2 (80:20) at $240 per tonne cfr late on September 9.

But the mills were seeking lower prices because of the weak markets...


Cem Turken

September 12, 2019

16:18 GMT