DAILY STEEL SCRAP: Prices jump further with fresh deep-sea cargoes

Turkish steel producers continued to pay higher prices for deep-sea scrap cargoes on Wednesday October 13, market participants told Fastmarkets.

Late on Tuesday October 12, a steel mill in the Marmara region booked a Baltic Sea cargo comprising 12,000 tonnes of HMS 1&2 (80:20) at $470 per tonne and 18,000 tonnes of shredded at $490 per tonne cfr.
On Wednesday, a steel mill in the Izmir region paid $480 per tonne cfr for 35,000 tonnes of HMS 1&2 (80:20) to another Baltic Sea supplier.

On the same day,...

Published

Cem Turken

October 13, 2021

15:03 GMT

Mugla