STEEL SCRAP WRAP: Turkish mills return to deep-sea markets after two weeks

September 26, 2020 / www.metalbulletin.com / Article Link

The Turkish steel producers broke their two-weeks-long silence in the deep-sea scrap markets on Friday September 25, securing two cargo deals, while prices in the major markets were slightly down on limited demand.

Turkish mills return to the market for two Baltic Sea cargoesUS East Coast quiet on Turkey's absenceVietnamese buyers book Japanese scrap on dipping offersTaiwanese import prices down on weaker demand, bearish sellers.
Turkey
The Turkish steel producers broke their silence in the deep-sea scrap markets on September 25 after two weeks with no deals, securing two Baltic Sea cargoes.

These deals put the HMS 1&2 (80:20) price for Baltic Sea-origin material at $296 per tonne cfr, compared with...

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