DAILY SCRAP REPORT: Mills pause deep-sea trading again, prices stable

April 29, 2020 / www.metalbulletin.com / Article Link

The Turkish steel producers have again gone quiet in the deep-sea scrap markets despite the sharp decrease in prices seen at the beginning of this week, sources said on Tuesday April 28.

After around 10 days of silence, a Turkish steel mill booked a Baltic Sea cargo on April 27 at $242 per tonne cfr for HMS 1&2 (80:20) and $252 per tonne cfr for bonus, which sent the daily scrap indices down by more than $11...

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