DAILY STEEL SCRAP: Mills step back from deep-sea bookings once again

August 27, 2021 / www.metalbulletin.com / Article Link

The Turkish steel mills have gone quiet in the deep-sea scrap markets once again after booking a single cargo earlier in the week, market sources said on Thursday August 26.

A steel mill in the Iskenderun region booked a Belgium-origin cargo on Wednesday, comprising 22,500 tonnes of HMS 1&2 (80:20) and 12,500 tonnes of bonus at an average price of $450 per tonne cfr. The HMS 1&2 (80:20) price of the cargo was calculated at $443 per tonne cfr.
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