DAILY SCRAP REPORT: Turkish mills book more scrap but sentiment worsens

November 27, 2018 / www.metalbulletin.com / Article Link

Turkish steel producers continued to book deep-sea scrap for December deliveries at the beginning of this week, following the decrease in prices last week, sources said on Monday November 26.

A steel mill in the Iskenderun region booked a UK cargo, comprising 14,000 tonnes of HMS 1&2 (80:20) at $320 per tonne and 6,000 tonnes of shredded at $330 per tonne cfr late on November 23.After this trade, the daily indices went down on Monday.Fastmarkets calculated the daily index for Northern Europe-origin HMS 1&2 (80:20) at $317.57 per tonne cfr,...

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