03
Jan
19:59
Turkish mills book deep-sea scrap after long break
After having had a 2-week break, Turkish mills have returned to the deep-sea scrap market in the early days of the new year and concluded new bookings.
A Turkish producer bought an ex-US cargo consisting of 20,000 tonnes of HMS 90:10, 6,000t of shredded 10,000t of bonus at $305/t cfr average, for February shipment. The HMS 80:20 equivalent of this cargo is $299.75/t cfr Turkey. Kallanish notes.
The same producer booked a cargo from EU, consisting of 17,000t of HM…
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Anonymous
Very good overview of the weekly steel market.
Anonymous