DAILY STEEL SCRAP: Turkish steel mills keep buying scrap, prices edge up further

February 26, 2021 / www.metalbulletin.com / Article Link

Turkish steelmakers have continued their deep-sea scrap purchasing despite rising prices, supported by strong rebar and billet sales, market sources said on Thursday February 25.

A steel mill in the Iskenderun region booked a US cargo, comprising 11,000 tonnes of HMS 1&2 (80:20) at $454 per tonne along with 16,000 tonnes of shredded and 3,000 tonnes of bonus at $464 per tonne cfr.
The same mill also booked a Baltic Sea cargo, consisting of 11,000 tonnes of HMS 1&2 (80:20) at $450 per tonne cfr.

Another steel...

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