Deep-sea scrap markets quiet; steelmaking costs set to increase in Turkey

November 02, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers were quiet in the deep-sea scrap markets on Monday November 1, following the national holiday period in the country, market sources said.

The most recent cargo deal was recorded last Tuesday, when a steel mill in the Marmara region booked a cargo from the United States comprising 20,000 tonnes of heavy melting scrap 1&2 (90:10) and 10,000 tonnes of shredded at an average price of $513 per tonne cfr.

The Turkish market was closed from the afternoon of Thursday October...

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