DAILY SCRAP REPORT: Turkish mills book more cargoes, prices firm

Turkish steel producers have continued to make deep-sea scrap purchases on Friday December 13, with prices climbing higher, sources said.

A steel mill in the Izmir region booked a Baltic Sea cargo, comprising 24,000 tonnes of HMS 1&2 (80:20) at $299.50 per tonne, 3,500 tonnes of bonus at $309.50 per tonne and 2,500 tonnes of busheling at $314.50 per tonne cfr. A steel mill in the Marmara region booked a US cargo, comprising HMS 1&2 (80:20) at $300 per tonne, shredded at $305 per tonne and bonus at $310 per tonne cfr. The cargo breakdown was not clear at the time of publication but typical cargo volume from the US is around 40,000 tonnes. The same mill also booked a European cargo, comprising 25,000 tonnes...

Published

Cem Turken

December 13, 2019

17:17 GMT

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