DAILY STEEL SCRAP: Slowdown in Turkish demand results in a sharp fall in prices

July 14, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers managed to secure lower prices from United States suppliers after continuing their deep-sea bookings at a slow pace, market sources said on Tuesday July 13.

A steel mill in the Marmara region booked a US cargo, comprising 22,000 tonnes of HMS 1&2 (80:20) at $485 per tonne, 20,000 tonnes of shredded and 3,000 tonnes of bonus at $500 per tonne cfr late on Monday July 12.

The same mill booked a second US...

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