DAILY STEEL SCRAP REPORT: Mills book more scrap for July, prices rise again

June 10, 2020 / www.metalbulletin.com / Article Link

Turkish deep-sea scrap import prices continued to rise on Tuesday June 9, with mills continuing to book more cargoes for July, sources told Fastmarkets.

A steel mill in the Iskenderun region booked a European cargo, comprising 10,000 tonnes of HMS 1&2 (75:25) and 30,000 tonnes of a mixture of shredded, plate & structural (P&S) and busheling at an average price of $265 per tonne cfr.
The cargo was scheduled to be shipped in the second half of July.

The deal pushed up Fastmarkets' scrap indices, with the daily index...

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