DAILY STEEL SCRAP: Mills still looking for lower prices

October 07, 2020 / www.metalbulletin.com / Article Link

The Turkish steel producers have continued to hold back from the deep-sea scrap markets and to negotiate for lower prices, sources told Fastmarkets on Tuesday October 6.

The country's steelmakers 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.
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