DAILY SCRAP REPORT: Market awaits more deals to set clear price level

The Turkish deep-sea scrap import markets remained quiet at the beginning of the week, following the sharp price decline that was seen late last week, sources said on Monday January 20.

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 late on January 15. This would have put the HMS 1&2 (80:20) price at $288 per tonne, compared with a previous...


Cem Turken

January 20, 2020

16:45 GMT