DAILY SCRAP REPORT: Mills 'will return to market soon,' trade sources say

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

The Turkish steel producers finished this week having made no deep-sea scrap bookings, but were expected to return to the market next week, sources said on Friday March 6.

There have been no new bookings during March so far. The latest cargo was sold on February 24, and put the price of Baltic Sea- and US-origin HMS 1&2 (80:20) around $280 per tonne cfr.

Suppliers, especially those in the US, continued to hold their offers firm at $280 per tonne cfr for HMS 1&2 (80:20), but some...

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