DAILY STEEL SCRAP: Mills restart scrap purchases at higher prices

January 07, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers have resumed their deep-sea scrap purchasing for February-shipment cargoes at strengthening prices, sources told Fastmarkets on Wednesday January 6.

A steel mill in the Marmara region booked a US cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $478 per tonne and 10,000 tonnes of shredded at $488 per tonne cfr.

Another steel mill in the Izmir region booked a European cargo, comprising HMS 1&2 (80:20) at $474...

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