Turkish scrap import prices went down slightly on Wednesday July 19 with the news of a fresh Baltic Sea cargo being traded.
Metal Bulletin’s daily scrap index for Northern Europe-origin HMS 1&2 (80:20) scrap closed at $292.45 per tonne cfr, down by $2.17 per tonne day-on-day.
The daily index for USA-origin material closed the day at $302.79 per tonne cfr, down by $0.79 per tonne day-on-day.
This put the premium for US material over Northern European scrap at $10.34 per tonne on July 19.
A steel producer in the Marmara region booked a Baltic Sea cargo on July 18, comprising 24,500 tonnes of HMS 1&2 (80:20) at $298.50 per tonne, 7,000 tonnes of bonus at $308.50 per tonne and 500 tonnes of rails at $313.50 per tonne cfr.
Two Baltic Sea companies will jointly supply the cargo. Turkish mills were expected to continue their deep-sea scrap purchases as demand in the country’s export market has also started to recover.
“The rebar export market is getting stronger,” a Turkish source said, “and some mills have already managed to sell rebar to Southeast Asia this week.”
این مطلب بدون برچسب می باشد.
ثبت دیدگاه