Turkish Steel Maker - Toscelik buys 25,000 MT Ferrous Scrap
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Turkey based steel mills continue to restock cargoes ahead of Ramadan holidays.
In a latest trade update received, Toscelik, a flat steel producer based in Turkey has purchased 25,000 MT ferrous scrap from Europe based scrap trader - Euro Scrap.
The deal concluded comprised of 17,500 MT HMS (75:25) at an average rate of USD 268/MT, 7,500 MT Bonus at an average rate of USD 282/MT. The cargo is likely to be shipped in 1st half of Jul'17.