DAILY SCRAP REPORT: Mills remain quiet in deep-sea markets on firm prices

Turkish steel mills have continued to stay away from the deep-sea scrap markets on Thursday December 19 and are focusing on finished steel sales, participants told Fastmarkets.

Mills in the country went quiet earlier this week after booking two deep-sea cargoes at steady prices of $299-300 per tonne cfr for Baltic Sea-origin HMS 1&2 (80:20).

The offers for deep-sea scrap then increased to $305-310 per tonne cfr. However, mills did not accept those prices and made...


Cem Turken

December 19, 2019

16:20 GMT