News and Events

Turkish steel producers have continued to book deepsea scrap cargoes for September deliveries, taking advantage of falling prices, sources said on Tuesday August 27. A steel mill in the Marmara region booked a 42,000tonne US cargo, comprising HMS 1&2 (80:20) at $270 per tonne and shredded at $275 per tonne cfr. Another steel mill in the Marmara region booked a UK cargo, comprising HMS 1&2 (80:20) at $270 per tonne and bonus at $280 per tonne cfr. The breakdowns for these cargoes were not clear