Turkish steel producers returned to the deep-sea scrap market to book several cargoes on the last working day of the week, market participants said on Friday September 3.
Market sources reported a deal for a Venezuela-origin cargo, which was booked on September 2 by a Turkish mill in the Iskenderun region, comprising 25,000 tonnes of heavy melting scrap 1&2 (80:20) at $444 per tonne for October shipment. This was not included in the calculation of the Fastmarkets daily indices because Venezuela is not a traditional origin for scrap. This...