DAILY STEEL SCRAP: Fresh Baltic Sea cargo confirms further decline in prices

August 17, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers started the week with a single deep-sea cargo, which further deepened the decrease in prices, market participants told Fastmarkets on Monday August 16.

A steel mill in the Izmir region booked a Baltic Sea cargo, comprising 18,500 tonnes of HMS 1&2 (80:20) at $455 per tonne, along with 5,000 tonnes of shredded and 1,500 tonnes of bonus at $470 per tonne cfr.

The previous cargo heard on Monday August 9, involved an Iskenderun steel mill booking a US cargo, consisting...

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