DAILY STEEL SCRAP: Prices down in fresh US deal amid weak steel sales

Turkish deep-sea scrap import prices fell sharply with the United States cargo deal announced on Wednesday July 28, sources told Fastmarkets.

A steel mill in the Marmara region booked a US cargo, comprising 10,000 tonnes of HMS 1&2 (80:20) at $475 per tonne, 25,000 tonnes of shredded and 15,000 tonnes of bonus at $495 per tonne cfr on July 23.

This compares with the previous deep-sea trade recorded on July 13, when a...


Cem Turken

July 28, 2021

15:31 GMT