Suppliers fail to get higher prices for deep-sea steel scrap

November 11, 2021 / www.metalbulletin.com / Article Link

Turkish steel mills resumed their deep-sea scrap imports on Wednesday November 10, with prices showing a slight downturn, market participants told Fastmarkets.

A steel mill in the Marmara region booked a Baltic Sea cargo comprising 20,000 tonnes of heavy melting scrap 1&2 (80:20) at $497 per tonne and 10,000 tonnes of bonus at $517 per tonne cfr.

The same mill booked a second Baltic Sea cargo consisting of 8,000-10,000 tonnes of HMS 1&2 (80:20) at $500...

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