Turkish steelmakers continue to pay higher prices for deep-sea scrap

November 06, 2021 / www.metalbulletin.com / Article Link

Turkish steel producers ended the week with a total of five deep-sea scrap cargoes, with prices increasing throughout the week, market sources told Fastmarkets on Friday November 5.

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 and 15,000 tonnes of shredded and 3,000 tonnes of bonus at $520 per tonne cfr late on Thursday November 4.

This compares with a United...

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