DAILY STEEL SCRAP: Turkish mills, fueled by export rebar sales, book more scrap

March 06, 2021 / www.metalbulletin.com / Article Link

Turkish steel mills continued their deep-sea scrap purchases for April shipments on Friday March 5, with support coming from finished steel sales in the global markets, sources said.

A steel mill in the Marmara region booked a Baltic Sea cargo comprising HMS 1&2 (80:20) at $458.50 per tonne cfr and bonus-grade scrap at $468.50 per tonne cfr.A steel mill in the Iskenderun region booked a cargo from the same supplier later in the day at $460 per tonne cfr for HMS 1&2 (80:20) and $470 per tonne cfr for bonus.The cargo compositions were not clear at the time of publication.These deals followed deep-sea cargo sales heard on Thursday March 4.A steel mill in the Marmara region booked a...

Recent News

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok