DAILY STEEL SCRAP: Mills book more deep-sea cargoes, prices rise again

Turkish steel mills are continuing to book deep-sea scrap at higher prices, market participants told Fastmarkets on Thursday October 14.

A steel mill in the Iskenderun region booked a US cargo at $486 per tonne cfr on an HMS 1&2 (80:20) basis. However, the cargo composition was not clear at the time of publication. The previous deep-sea transactions, on Wednesday October 13, were concluded at $480 per tonne cfr for a Baltic Sea-origin cargo of HMS...


Cem Turken

October 14, 2021

15:23 GMT