DAILY STEEL SCRAP: Prices remain firm with support from Turkish long steel exports

The Turkish deep-sea scrap market fell silent again at the end of the week following the latest upturn in prices, market participants told Fastmarkets on Friday February 19.

The only deep-sea cargo heard over the past week came to light on Thursday February 18.
The late-Wednesday deal, in which a steel mill in the Marmara region booked a US cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $418 per tonne cfr, raised the daily scrap indices by more than $9 per tonne day on day on Thursday.


Cem Turken

February 19, 2021

17:22 GMT