DAILY STEEL SCRAP: Turkish mills remain quiet ahead of holiday period, prices firm

Turkish steel producers continued to stay away from the deep-sea scrap market on Tuesday July 28, largely because of strong prices, but also due to the impending holiday period, sources told Fastmarkets.

The most recent deep-sea transaction was done through the US at $275 per tonne cfr for shredded and $280 per tonne for bonus at the end of the last week. Turkish mills have since been quiet and the deep-sea scrap market is expected to remain silent for the rest of...


Cem Turken

July 28, 2020

16:01 GMT