DAILY STEEL SCRAP: Turkish mills continue to replenish their stocks despite weak steel sales

Turkish steel mills continued to replenish their scrap stocks at the end of the week with another deep-sea booking, taking the total to six, market participants told Fastmarkets on Friday September 17.

A steel mill in the Iskenderun region booked a Baltic Sea cargo late on Thursday September 16, consisting of 25,000 tonnes of heavy melting scrap 1&2 (80:20) at $439 per tonne and 5,000 tonnes of bonus at $454 per tonne cfr. This compares with the most recent United States deal heard on Wednesday September 15, when a steel mill in the Marmara region paid $441.50 per tonne cfr for 23,000 tonnes of HMS...


Cem Turken

September 17, 2021

15:22 GMT