DAILY STEEL SCRAP: Mills book more scrap for August, prices edge up further

Turkish steel producers continued their deep-sea scrap purchases at the end of the week at slightly higher prices, sources told Fastmarkets on Friday July 17.

A steel mill in Northern Turkey booked a Baltic Sea cargo, comprising 8,000 tonnes of HMS 1&2 (80:20) at $260 per tonne, 14,000 tonnes of shredded at $265 per tonne and 4,000 tonnes of bonus at $270 per tonne cfr.

Another steel mill in the Izmir region also booked a Baltic Sea cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $261.50 per tonne cfr.
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Published

Cem Turken

July 17, 2020

17:04 GMT

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