DAILY STEEL SCRAP: Trade halted amid rising prices

September 02, 2020 / www.metalbulletin.com / Article Link

Turkish steel mills extended their silence in the deep-sea scrap import market after booking a number of cargoes in the last week, sources said on Tuesday September 1.

Six deep-sea cargoes totaling around 220,000 tonnes were booked by Turkish steelmakers from various sources at strengthening prices during the week to Friday August 28.
The most recent deep-sea deal - booked on August 26 - put the price for United States-origin HMS 1&2 (80:20) at $288 per tonne cfr.

But the mills went quiet late last week in response...

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