DAILY STEEL SCRAP: Mills book more scrap, prices inch up

Turkish steel mills continued their deep-sea scrap purchases at higher prices, sources told Fastmarkets on Thursday July 16.

A steel mill in the Marmara region booked a US cargo, comprising HMS 1&2 (80:20) at $258.50 per tonne, shredded at $263.50 per tonne and plate and structural scrap (P&S) at $269.50 per tonne cfr. The cargo composition was not clear at the time of publication, but the traditional cargo size from the...


Cem Turken

July 16, 2020

16:08 GMT