DAILY STEEL SCRAP: Turkish import market maintains upward momentum

December 18, 2020 / www.metalbulletin.com / Article Link

Turkish steel mills continued to accept higher prices for deep-sea scrap cargoes on Thursday December 17 due to limited supply of the material, with prices rising by more than $7.50 per tonne day on day.

A steel mill in the Marmara region booked a Baltic Sea cargo, which originated from St Petersburg, priced at $444 per tonne for an 80:20 mix of No1 and No2 heavy melting scrap and at $454 per tonne cfr for bonus. The transaction parties did not disclose the cargo volume.

Those prices were up compared...

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