DAILY SCRAP REPORT: European cargo breaks ice in Turkish deep-sea buying

By Cem Turken / March 28, 2018 / www.metalbulletin.com / Article Link

Turkish steel producers have returned to the deep-sea scrap markets after two weeks of silence but prices remained largely stable with the news of a European transaction heard on Wednesday March 28.

A steel mill in the Marmara region booked a European cargo, comprising 5,000 tonnes of HMS 1&2 (75:25), 20,000 tonnes of shredded and 5,000 tonnes of bonus at an average price of $375 per tonne cfr.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed the day at...

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