DAILY SCRAP REPORT: Mills show growing interest in deep-sea scrap

February 07, 2020 / www.metalbulletin.com / Article Link

Turkish steel mills have started to show more interest in deep-sea scrap cargoes following the latest drop in prices, sources said on Thursday February 6.

A steel mill in the Iskenderun region booked a cargo from the United States, comprising 21,000 tonnes of HMS 1&2 (80:20) at $260 per tonne, 3,000 tonnes of shredded at $265 per tonne and 6,000 tonnes of bonus at $270 per tonne cfr. The previous US cargo was sold into Turkey on January 28 at $267.50 per tonne cfr for HMS 1&2 (80:20).Demand...

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