DAILY SCRAP REPORT: Latest Baltic Sea deal keeps prices flat

Turkish steel producers continued to book deep-sea scrap for December deliveries at a slow pace and steady prices, sources said on Friday November 22.

A steel mill in the Marmara region booked a Baltic Sea cargo at $261 per tonne cfr for HMS 1&2 (80:20). The cargo composition was not clear at the time of publication. As a result of this trade, the daily scrap indices remained almost flat on November 22. Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix),...


Cem Turken

November 22, 2019

16:15 GMT