Turkish steel producers continued to stay out of the deep-sea scrap markets at the end of the week despite increasing offers for the material, sources said on Friday October 11.
The most recent confirmed transaction was done from the United States on October 9. A Turkish steel producer booked a cargo comprising 23,000 tonnes of HMS 1&2 (80:20) at $233 per tonne and 17,000 tonnes of shredded at $238 per tonne cfr. The transaction raised the daily scrap indices by more than $6 per tonne on October...