DAILY STEEL SCRAP: Prices hit hew multi-year highs on bullish global markets

Turkish deep-sea scrap import prices refreshed their multi-year highs at the beginning of the week with the news of fresh deals for European and US cargoes on Monday December 21.

A steel mill in the Marmara region booked a European cargo, comprising HMS 1&2 (80:20) at $455 per tonne, shredded and bonus at $470 per tonne and busheling at $475 per tonne cfr.
And another steel producer in the same region booked a US cargo at $464 per tonne cfr for HMS 1&2 (80:20).

The cargo...

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