Turkish steel producers have continued to book deep-sea scrap cargoes, with prices weakening further, sources said on Monday June 4.
A steel producer in the Marmara region booked a European cargo late on June 1, comprising 20,000 tonnes of HMS 1&2 (75:25), 18,000 tonnes of a mixture of plate and structural scrap (P&S) and HMS 1, and 2,000 tonnes of busheling, at an average price of $334 per tonne cfr.As a result of this...