DAILY STEEL SCRAP REPORT: Mills pause deep-sea purchases, prices steady

Turkish steel mills skipped the last working day of the week with no deep-sea bookings, but still expect to buy more cargoes for August shipment, sources told Fastmarkets on Friday June 26.

The country’s steelmakers have booked only two deep-sea cargoes so far this week, totalling 67,500 tonnes.

A steel mill in the Iskenderun region booked a 27,500-tonne US cargo, comprising HMS 1&2 (80:20) at $261 per tonne, shredded at $266 per tonne and bonus scrap at $271 per...


Cem Turken

June 26, 2020

15:29 GMT