DAILY SCRAP REPORT: Prices steady in latest trades but downturn expected

March 16, 2019 / www.metalbulletin.com / Article Link

The Turkish steel mills continued to book deep-sea scrap at steady prices at the end of the current week but prices are likely to fall in the next bookings, sources said on Friday March 15.

A steel mill in the Izmir region booked a European cargo, comprising 13,000 tonnes of HMS 1&2 (75:25) at $318 per tonne, 6,000 tonnes of bonus at $331 per tonne and 6,000 tonnes of busheling at $334 per tonne cfr. The cargo was scheduled to be shipped in the first half of May.Another steel mill in the Marmara region booked...

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