UTC+8 ( BJT)

Turkey scrap market sentiment down on absence of mills

This week, Turkish steel mills kept themselves away from deep-sea scrap market. Nevertheless, suppliers are still hesitant on a sharp decline in imported scrap offers considering tighter availability.
SteelMint's assessment for USA origin HMS 1&2 (80:20) stands a $298/t CFR Turkey, slightly down by $3/t w-o-w.Before this, SteelMint has reported last Turkish deal, in which a Mediterranean region based steel mill has booked a Baltic origin bulk scrap cargo, consisting of HMS 1&2 (80:20) at $300/t CFR and

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