Turkish steel mills still holding out of deep-sea scrap market amid firm offers

November 10, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers were mostly quiet on the second working day of the week amid firm offers from Baltic Sea and US suppliers, market participants told Fastmarkets on Tuesday November 9.

The most recent deep-sea trade was recorded at the end of the last week, when a steel mill in the Izmir region booked a Baltic Sea cargo consisting of 11,000 tonnes of heavy melting scrap 1&2 (80:20) at $500 per tonne, along with 15,000 tonnes of shredded and 3,000 tonnes...

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