DAILY STEEL SCRAP: Deep-sea markets quiet as holidays run on

January 05, 2021 / www.metalbulletin.com / Article Link

The Turkish deep-sea scrap markets were quiet at the start of this week due to new year holidays, but purchasing activity was expected to resume soon, market sources said on Monday January 4.

Turkish steelmakers have been silent in the deep-sea markets since December 24, when a steel mill in the Marmara region booked a Baltic Sea cargo containing 30,000 tonnes of shredded scrap at $480 per tonne cfr, and another steel mill in the Iskenderun region booked a cargo from the United States comprising 27,000 tonnes of HMS 1&2 (80:20) at $473 per tonne, 5,000 tonnes of shredded...

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