DAILY STEEL SCRAP: Prices down on pre-holiday deal [CORRECTED]

September 02, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers made no new scrap bookings on Tuesday August 31, however a deal from the previous Friday came to light, which lowered prices, market participants said.

The European-origin cargo was heard late on August 27, after the closing of the daily indices, and was followed by a public holiday in both Turkey and the United Kingdom on August 30.

The cargo was booked by a steel mill in the Iskenderun region, comprising unknown tonnages of HMS 1&2 (80:20) at $442 per tonne, and bonus at...

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