DAILY STEEL SCRAP: Prices rise again after fresh bookings

Turkish steel mills resumed their deep-sea scrap purchases with prices edging up, sources said on Wednesday July 29.

A steel mill in the Iskenderun region booked a European cargo, comprising 18,000 tonnes of HMS 1&2 (80:20) at $273 per tonne and 9,000 tonnes of bonus scrap at $283 per tonne cfr. Another steel mill in the Izmir region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $275 per tonne and bonus at $285 per tonne cfr. The previous transactions, which took...


Cem Turken

July 29, 2020

16:26 GMT