DAILY STEEL SCRAP: Turkish mills remain quiet ahead of holiday period, prices firm

July 29, 2020 / www.metalbulletin.com / Article Link

Turkish steel producers continued to stay away from the deep-sea scrap market on Tuesday July 28, largely because of strong prices, but also due to the impending holiday period, sources told Fastmarkets.

The most recent deep-sea transaction was done through the US at $275 per tonne cfr for shredded and $280 per tonne for bonus at the end of the last week.Turkish mills have since been quiet and the deep-sea scrap market is expected to remain silent for the rest of...

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