DAILY SCRAP REPORT: First cargo of the week sends prices down

July 25, 2019 / www.metalbulletin.com / Article Link

The first transaction of the week led to a fall in prices after a Turkish mill booked a mixed steel scrap shipment from the United States, sources told Fastmarkets on Wednesday July 24.

Based in the Marmara region of Turkey, the mill bought a US-origin cargo comprising 21,000 tonnes of HMS 1&2 (80:20) at $294 per tonne, 22,000 tonnes of shredded material at $299 per tonne and 2,000 tonnes of bonus material at $304 per tonne.The prices are flat compared a US cargo sold last week...

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