DAILY STEEL SCRAP: Turkish mills step back from deep-sea bookings

Turkish steel mills stepped away from the deep-sea scrap import market after booking a number of cargoes earlier in the week, sources told Fastmarkets on Wednesday September 29.

Steelmakers booked at least three deep-sea cargoes earlier this week.
A steel mill paid $426 per tonne cfr for Europe-origin HMS 1&2 (80:20), while another steel mill paid $434 per tonne for the same material from Venezuela.

A third steelmaker, meanwhile, booked Baltic Sea cargo at $442 per tonne on HMS 1&2 (80:20) basis, although the cargo was of higher quality...

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