02
Aug
11:53
Domestic scrap rebounds in Thailand
Thailand's domestic scrap prices have recovered, Kallanish understands. However, the Thai domestic steel market has yet to show any signs of improvement.
Leading domestic Thai electric arc and induction furnace mill operators are currently buying Busheling grade scrap at THB 12,500-13,300/tonne ($347-369/t). This is THB 800-900/t higher from two weeks ago. The mills probably raised scrap procurement prices since last week because there was insufficient scrap c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous