Turkish steel producers continued to book deep-sea scrap cargoes for April shipment, with prices making a downward correction amid increased supplies, sources told Fastmarkets on Tuesday March 9.
A steel mill in the Izmir region booked a US cargo, comprising 18,000 tonnes of shredded and 12,000 tonnes of bonus at an average price of $467 per tonne on Saturday March 6.The same mill, then, booked another US cargo, comprising 12,000 tonnes of HMS 1&2 (80:20) at $456 per tonne, 12,000 tonnes of shredded at $466 per tonne and 1,000 tonnes of bonus at $466 per tonne cfr.And a steel mill in the Iskenderun region booked a third US cargo, comprising HMS 1&2 (80:20)...