DAILY SCRAP REPORT: European cargo pushes prices upward

Turkish scrap import prices have increased once again on news of a European cargo being sold at the beginning of the week, although mills were still worried about soft demand for finished long steel products, sources said on Monday November 18.

A steel mill in the Iskenderun region booked a European cargo, comprising 20,000 tonnes of HMS 1&2 (75:25), 7,500 tonnes of a mixture of HMS 1 and plate and structural scrap (P&S), and 5,000 tonnes of busheling, at an average price of $262 per tonne cfr.


Cem Turken

November 18, 2019

16:28 GMT