DAILY SCRAP REPORT: Mills go silent in deep-sea markets again, seeking lower prices

August 09, 2019 / www.metalbulletin.com / Article Link

The Turkish deep-sea scrap markets went quiet again one day after the sale of a US-origin cargo because the mills were expecting lower prices, sources said on Thursday August 8.

A steel mill in the Iskenderun region booked a US cargo of HMS 1&2 (90:10) and shredded at an average price of $294 per tonne cfr on August 7, which sent the daily indices down by almost $4 per tonne on the day.But the mills...

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