DAILY SCRAP REPORT: Indices crash for the third time in two weeks

Turkish deep-sea scrap import prices fell sharply for the third time in two weeks amid the Covid-19 pandemic, which has brought steel trade to a halt and led to closures or production cuts, sources said on Monday March 30.

A steel mill in northern Turkey was heard booking a Baltic Sea cargo, comprising 9,000 tonnes of HMS 1&2 (80:20), 14,000 tonnes of shredded and 3,000 tonnes of bonus at an average price of $210 per tonne cfr late last week. The HMS 1&2 (80:20) price of the cargo was...


Cem Turken

March 30, 2020

15:13 GMT