Turkish deep-sea scrap prices have shown a slight uptick with news of a fresh European cargo trade, but the market direction was still unclear, sources said on Tuesday September 24.
A steel mill in the Iskenderun region booked a European cargo, comprising 15,000 tonnes of HMS 1&2 (75:25) at $220 per tonne and 10,000 tonnes of shredded at $230 per tonne cfr.News of the cargo raised the daily scrap indices on Tuesday.Fastmarkets' daily scrap index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $228.00...