DAILY SCRAP REPORT: New US cargo deal sends prices down by almost $4

August 08, 2019 / www.metalbulletin.com / Article Link

Activity returned to the Turkish deep-sea scrap import market in the middle of the week with a fresh cargo sold at lower prices than earlier deals, sources said on Wednesday August 7.

A steel mill in the Iskenderun region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (90:10) and 20,000 tonnes of shredded at an average price of $294 per tonne cfr.The price for the shredded portion of the cargo was calculated by market participants at...

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