DAILY SCRAP REPORT: Turkish producers resume deep-sea trading but prices down

Turkish deep-sea scrap import prices have gone down in the latest deal for a Baltic Sea cargo, with steel producers still trying to cover their urgent needs with short-sea deals instead, sources said on Thursday March 12.

A steel mill in the country was heard booking a Baltic Sea cargo from Poland at the beginning of the week at $273-273.50 per tonne cfr for HMS 1&2 (80:20). The cargo breakdown was not clear at the time of publication.
This compared with previous deals confirmed at $280 per tonne cfr in February.



Cem Turken

March 12, 2020

16:28 GMT