DAILY SCRAP REPORT: Mills expected to book more scrap for December delivery, prices steady

Turkish steel producers made no deep-sea scrap purchases on the first working day of the week, but are still expected to buy more cargoes for December delivery, sources told Fastmarkets on Monday November 25.

Mills booked four deep-sea cargoes last week at steady prices. The latest bookings were from the Baltic Sea region and sold at $260 per tonne and $261 per tonne cfr for HMS 1&2 (80:20). “I think only one or two more cargoes for December delivery will be booked. The mills will probably keep...

Published

Cem Turken

November 25, 2019

16:00 GMT

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