DAILY STEEL SCRAP: Turkish mills continue with deep-sea purchases

July 01, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers continued their deep-sea scrap purchases, but at a slow pace dictated by limited long steel demand, market sources told Fastmarkets on Wednesday June 30.

A steel mill in the Marmara region booked a US cargo, comprising HMS 1&2 (80:20) at $501 per tonne, along with shredded and bonus scrap at $521 per tonne cfr late on Tuesday June 29, the seller told Fastmarkets.

But some market participants in Turkey said the...

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