Turkish steel producers stepped away from the deep-sea scrap market on the first working day of the week, while simultaneously negotiating lower prices, sources said on Monday October 5.
Steel mills in Turkey had booked three deep-sea cargoes at the end of last week, putting the HMS 1&2 (80:20) price at $284 per tonne cfr for European material and at $289 per tonne cfr for Baltic Sea-origin scrap.There were...