DAILY STEEL SCRAP: Prices hit 32-month high on fresh cargo deal

The Turkish scrap import prices have reached their highest since March 2018 on fresh transactions heard over the weekend, sources said on Monday December 7.

A steel mill in the Marmara region booked a Baltic Sea cargo comprising 22,000 tonnes of an 80:20 mix of No1 and No2 heavy melting scrap at $375 per tonne and 3,000 tonnes of bonus at $385 per tonne cfr
The previous Baltic Sea cargo was sold at $360 per tonne cfr on an HMS 1&2 (80:20) basis late on Thursday December 3.

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