12
Mar
15:34
Fresh EU deal confirms Turkish scrap price correction
Turkish mills are seen following a cautious stance towards their imported scrap purchases and are resisting prices above $380/tonne cfr, despite their ongoing requirement for April-shipment cargoes.
Although some mills are inquiring about scrap, they are not rushing to conclude purchases due to negative sentiment in China and poor steel sales.
Chinese rebar and hot rolled coil futures closed higher on Tuesday because of rebounding coking coal futures, but their a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous