DAILY STEEL SCRAP: Mills continue to seek lower prices

Turkish steelmakers continued to hold back from deep-sea scrap purchases amid falling prices, sources said on Tuesday February 2.

The most recent deals were heard nearly a week ago, late on Wednesday January 27, when two US cargoes were booked.
A steel mill in the Iskenderun region booked a cargo from the United States, comprising HMS 1&2 (80:20) at $416 per tonne, shredded at $421 per tonne and bonus scrap at $426 per tonne cfr.

And a mill in the Izmir region booked...

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