DAILY STEEL SCRAP: Mill returns to deep-sea market with two fresh bookings

A Turkish steel producer broke the silence in the deep-sea scrap market on Friday September 25 after two quiet weeks, securing deals for two cargoes, sources told Fastmarkets.

A steel mill in northern Turkey booked a Baltic Sea cargo, comprising 12,000 tonnes of HMS 1&2 (80:20), 10,000 tonnes of shredded, 1,000 tonnes of bonus and 1,000 tonnes of busheling at an average price of $299 per tonne cfr. Fastmarkets calculations put the HMS 1&2 (80:20) price at $296 per tonne and the price for shredded at $301 per...


Cem Turken

September 25, 2020

15:36 GMT