DAILY STEEL SCRAP: Turkish mills pause deep-sea trade; price drop coming?

Turkish steel producers took a break from purchasing deep-sea scrap on Thursday August 5 after booking at least five cargoes earlier this week, market sources told Fastmarkets.

The most recent deal was recorded on Wednesday August 4, when a steel mill in the Izmir region booked a US cargo comprising 15,000 tonnes of HMS 1&2 (80:20) at $464 per tonne, and 14,000 tonnes of shredded and 2,000 tonnes of plate and structural scrap at...


Cem Turken

August 05, 2021

15:44 GMT