Turkish steel producers continued their deep-sea scrap bookings at escalating prices despite weakening demand in the finished steel markets, sources said on Thursday December 3.
A steel mill in northern Turkey booked a Baltic Sea cargo - comprising 15,000 tonnes of an 80:20 mix of No1 and No2 heavy melting scrap, 15,000 tonnes of shredded and 3,000 tonnes of bonus - at average price of $365 per tonne cfr.Fastmarkets'...