DAILY SCRAP REPORT: Turkish mills book more cargoes; prices inch higher

May 30, 2020 / www.metalbulletin.com / Article Link

Turkish steel producers continued their deep-sea scrap purchases on Friday May 29, with prices increasing slightly, sources said.

A steel mill in the Iskenderun region booked a 42,000-tonne UK cargo comprising 3,000-8,000 tonnes of bonus at $262.50 per tonne, 10,000-15,000 tonnes of shredded at $257.50 per tonne and the balance HMS 1&2 (80:20) at $252.50 per tonne cfr. The latest shipment date for the cargo was July 5.Late on Thursday May 28, another steel mill in the Iskenderun region booked a US cargo comprising 20,000 tonnes of HMS 1&2 (90:10) and...

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