DAILY STEEL SCRAP: Upturn in rebar export demand pushes up prices

March 30, 2021 / www.metalbulletin.com / Article Link

Turkish deep-sea scrap import prices rebounded as expected following the sale of several rebar cargoes to Southeast Asia at the end of the last week, market sources said on Monday March 29.

A steel mill in the Iskenderun region booked a United States-origin cargo comprising HMS 1&2 (80:20) at $427 per tonne, shredded at $432 per tonne and bonus at $437 per tonne cfr on Friday March 26.
This compares with three cargoes heard at lower prices on Thursday.

The same mill booked a United Kingdom cargo consisting of 20,000 tonnes of HMS 1&2 (80:20)...

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