DAILY STEEL SCRAP: Turkish mills resume scrap bookings at lower prices

October 09, 2020 / www.metalbulletin.com / Article Link

Turkish steel mills broke their silence in the deep-sea scrap market on Thursday October 8, booking two cargoes after achieving lower prices, sources told Fastmarkets.

A steel mill in the Marmara region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $285 per tonne and 25,000 tonnes of shredded at $290 per tonne cfr.

The same mill also booked a Baltic Sea cargo, consist of 24,000...

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