DAILY STEEL SCRAP: Mills resume scrap purchases, prices tick down

Turkish steel mills resumed their deep-sea scrap purchases at the end of the week after skipping Thursday, with prices edging down slightly, sources told Fastmarkets on Friday October 16.

A steel mill in the Marmara region booked a US cargo, comprising 22,000 tonnes of HMS 1&2 (80:20) at $286 per tonne and 23,000 tonnes of shredded at $291 per tonne cfr. As a result of the latest deal, Fastmarkets' daily scrap indices decreased...

Published

Cem Turken

October 16, 2020

15:14 GMT

Mugla