DAILY SCRAP REPORT: Prices stable; market takes stock after recent falls

September 07, 2019 / www.metalbulletin.com / Article Link

Turkish steel producers stepped back from the market on Friday September 6 - no new bookings were heard following a series of price falls this week, sources said.

Three bookings on Tuesday lowered prices by $12.30 per tonne from Monday. A steel mill in the Marmara region purchased a UK cargo comprising 18,000 tonnes of HMS 1&2 (80:20) at $250 per tonne cfr. A steel mill in the Izmir region booked a US cargo comprising 17,500 tonnes of HMS 1&2 (90:10) at $261 per tonne, 6,000 tonnes of shredded at $263 per tonne and 6,500 tonnes of plate & structural...

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