DAILY SCRAP REPORT: Mills silent again in seaborne market, seeking further price cuts

The deep-sea scrap import market in Turkey was quiet again after earlier bookings of UK-origin cargoes sent prices down sharply, sources said on Thursday September 19.

On Wednesday, two steel mills in the Iskenderun region booked UK cargoes at $228 per tonne cfr for HMS 1&2 (80:20). After these sales, the daily scrap indices went down by almost $10 per tonne on September 18. Steel producers and scrap merchants were still...

Published

Cem Turken

September 19, 2019

16:58 GMT

Mugla