DAILY SCRAP REPORT: Limited demand for rebar is key concern for Turkish scrap market

November 29, 2019 / www.metalbulletin.com / Article Link

Turkish mills skipped the day without any deep-sea scrap bookings on Thursday November 28, but the steelmakers are expected to book more scrap for January shipments soon, sources told Fastmarkets.

The most recent transaction took place on Tuesday - involving a steel mill in the Marmara region booking a European cargo, comprising 25,000 tonnes of HMS 1&2 (75:25), 5,000 tonnes of shredded and a 5,000-tonne mixture of HMS 1 and plate & structural scrap (P&S) at an average price of $262.50 per...

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