- Turkey booked more cargoes for November, prices down
- Cheaper Turkish cargoes drove down US prices on both coasts
- Price fall continuds in Southeast Asia amid bearish sentiment
- Trading resumed in India in wake of sudden price slump.
The Turkish steel producers continued their deep-sea purchases for November deliveries this week, taking advantage of falling prices.
The steel mills in the country have booked nine deep-sea cargoes this week
, totaling almost 300,000 tonnes.
Fastmarkets’ daily index for steel scrap HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, ended the week at $221.06 per tonne on September 27, down from $226.29 per tonne on September...