News of a fresh cargo traded out of Europe has broken the silence in the Turkish deep-sea scrap market and confirmed the latest assessments of price levels, sources said on Thursday August 22.
A steel mill in Turkey booked a European cargo, comprising 16,000 tonnes of HMS 1&2 (80:20) at $275 per tonne and 4,000 tonnes of bonus at $285 per tonne cfr.This compared with the previous European cargo sold at $279 per tonne cfr for a composite cargo of 30,000...