DAILY SCRAP REPORT: European cargo pushes prices up further

Turkish steel scrap import prices continued to strengthen in the latest deep-sea cargo, despite sluggish demand for finished rebar and billet, sources said on Friday November 29.

A steel mill in the Marmara region booked a European cargo, comprising HMS 1&2 (75:25) at $263 per tonne and bonus at $278 per tonne cfr. The cargo composition was not clear at the time of publication. This was only the second cargo booked so far this week. Another steel mill in the Marmara region also booked a European...


Cem Turken

November 29, 2019

16:22 GMT