DAILY SCRAP REPORT: Turkish mills resume deep-sea bookings, market direction remains unclear

By Cem Turken / June 27, 2018 / www.metalbulletin.com / Article Link

Turkish steel mills have resumed their deep-sea scrap purchases with slightly lower prices, sources said on Wednesday June 27.

A steel producer in the Marmara region booked a Baltic Sea cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $353 per tonne and 5,000 tonnes of bonus at $368 per tonne cfr late on Tuesday June 26.Most market participants were expecting steel mills to resume buying next week."The market is still unclear. Everybody will wait to see...

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