DAILY STEEL SCRAP: Mills continue to try to push down prices

Turkish steel producers have continued their silence in the deep-sea scrap markets in hopes of pushing prices downward, sources told Fastmarkets on Thursday September 24.

The country’s steelmakers have been staying away from the deep-sea scrap market since September 9, when bookings were made at $301 per tonne cfr for HMS 1&2 (80:20).

Although some US and Baltic Sea...


Cem Turken

September 24, 2020

15:25 GMT