- A US-origin cargo containing 22,000 t of HMS 1&2 (80:20) and 8,000 t of shredded scrap was booked at an average price of $476/t CFR Turkey by a West Marmara-based steel mill, SteelMint learnt from sources.
- Prices have fallen by $2-3/t on a d-o-d basis, as mills were holding back bookings on bearish finished steel market sentiments.
- The Turkish lira devaluation continuous against the US dollar ($) and is currently trading at 13.85.
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