DAILY SCRAP REPORT: Mills silent again in seaborne market, seeking further price cuts

September 20, 2019 / www.metalbulletin.com / Article Link

The deep-sea scrap import market in Turkey was quiet again after earlier bookings of UK-origin cargoes sent prices down sharply, sources said on Thursday September 19.

On Wednesday, two steel mills in the Iskenderun region booked UK cargoes at $228 per tonne cfr for HMS 1&2 (80:20).After these sales, the daily scrap indices went down by almost $10 per tonne on September 18.Steel producers and scrap merchants were still...

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