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 for finished long steel and...


Cem Turken

September 12, 2019

16:18 GMT