DAILY SCRAP REPORT: Prices steady despite apparent end of buying spree

Turkish deep-sea scrap import prices remained largely unchanged on Thursday February 20, despite the market going quiet after this week's buying spree, sources told Fastmarkets.

Steel mills in the country have booked at least six deep-sea cargoes so far this week, totaling around 180,000 tonnes.

The most recent deals put the price for Baltic Sea-origin HMS 1&2 (80:20) at $279 per tonne cfr, compared with $276 per tonne cfr for similar material sold at the beginning of the...

Published

Cem Turken

February 20, 2020

16:32 GMT

Mugla