DAILY SCRAP REPORT: Scrap prices remain firm despite weakening rebar costs

October 05, 2018 / www.metalbulletin.com / Article Link

Turkish steel producers made no deep-sea bookings on Thursday October 4 but a rumor of a US cargo deal surprised the market.

A Turkish producer was heard to have booked a US cargo at $330 per tonne cfr for HMS 1&2 (80:20) earlier on Thursday, but a number of sources said later in the day that the deal had not been concluded.There was also market chatter about a rebar shipment traded at $495 per tonne...

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