DAILY STEEL SCRAP: Turkish mills book more cargoes on improving steel demand

October 08, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers have continued booking deep-sea scrap cargoes for November shipment on Thursday October 7, aided by improving demand for billet and finished long steel products, market participants told Fastmarkets.

A steel mill in the Iskenderun region booked a European cargo, comprising HMS 1&2 (75:25) at $440 per tonne, shredded at $455 and bonus at $460 per tonne cfr.
And a steel producer in the Marmara region booked a Baltic Sea cargo, consisting of HMS 1&2 (80:20) at $451 per tonne and bonus at $466 per tonne cfr.

The volumes involved in the two cargoes were not immediately...

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