DAILY SCRAP REPORT: Market remains quiet amid firm prices, weak billet and rebar demand

Turkish steel mills remained inactive in the deep-sea scrap import markets on Wednesday March 11 because of firm prices and weak billet and rebar markets, sources said.

Although there have been no new bookings so far this month, suppliers have kept their offers largely stable.

Offers for HMS 1&2 (80:20) from the United States remained at $280 per tonne cfr, while offers for similar material increased by around $5 per tonne to $275 per tonne cfr from European suppliers due to a stronger euro. The...


Cem Turken

March 11, 2020

16:30 GMT