DAILY STEEL SCRAP: Turkish mills end week with five cargoes; prices firm

Turkish steel producers made another deep-sea scrap booking late on Thursday October 21, taking the total for the week to five cargoes from various locations and at increasing prices, market participants told Fastmarkets on Friday October 22.

A steel mill in the Iskenderun region booked a United States cargo comprising 27,000 tonnes of heavy melting scrap 1&2 (80:20) at $505 per tonne cfr late on October 21.
As a result of this fresh transaction, the daily scrap indices inched up at the end of the week.

Fastmarkets’...

Published

Cem Turken

October 22, 2021

15:09 GMT

Mugla