DAILY STEEL SCRAP: Prices jump after fresh US deal

February 12, 2021 / www.metalbulletin.com / Article Link

Turkish deep-sea scrap import prices increased again on Thursday February 11, in response to news of a fresh cargo arriving from the US, sources told Fastmarkets.

A steel mill in the Iskenderun region booked a US cargo, comprising 22,000 tonnes of HMS 1&2 (80:20) at $410 per tonne, 4,000 tonnes of shredded at $415 per tonne and 4,000 tonnes of bonus at $420 per tonne cfr.

This compared with the previous deep-sea cargoes heard on Wednesday February 10 at $399.50 per tonne cfr for Baltic Sea-origin HMS 1&2 (95:5) and $395...

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