DAILY STEEL SCRAP REPORT: Prices stabilize after latest bookings

The Turkish steel producers continued their deep-sea scrap purchases at stable prices amid strengthening demand in the local long steel market, sources said on Wednesday June 10.

A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 21,000 tonnes of HMS 1&2 (80:20) at $265 per tonne, 8,000 tonnes of bonus at $275 per tonne and 1,000 tonnes of rail at $280 per tonne cfr. The latest shipment date for the cargo was July 20. And...

Published

Cem Turken

June 10, 2020

16:21 GMT

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