DAILY SCRAP REPORT: Market awaits more deals to confirm new price levels

The Turkish deep-sea scrap markets were quiet at the end of the week, as market participants digested the latest sale, which sent prices down by $13 per tonne, sources said on Friday January 17.

Late on Wednesday, January 15, a steel mill in the Izmir region booked a US cargo of 35,000 tonnes of HMS 1&2 (95:5) at $295 per tonne cfr. This would put the HMS 1&2 (80:20) price at $288 per tonne, compared with a previous US cargo sold into...


Cem Turken

January 17, 2020

16:11 GMT