DAILY STEEL SCRAP REPORT: Turkish mills resume deep-sea purchases at lower prices

Turkish steel producers have resumed their deep-sea scrap purchases for August shipments after achieving lower prices, sources said on Wednesday July 1.

A steel mill in the Iskenderun region booked a US cargo, comprising 16,000 tonnes of HMS 1&2 (80:20) at $256 per tonne, 6,000 tonnes of shredded at $261 per tonne and 8,000 tonnes of plate and structural scrap (P&S) at $266 per tonne cfr. The cargo was scheduled to be shipped by August 10.

This compared with the...


Cem Turken

July 01, 2020

17:37 GMT