23
Feb
16:47
Aggressive Turkish bookings boost Indian imported scrap
Consecutive aggressive bookings in Turkey have lifted imported scrap offers in India, motivating sellers to focus on the better-paying market of Turkey. Conversely, Indian buyers, on the back of slow domestic demand and weakened cash liquidity, are resisting hiked offers and have reduced their intake of materials, sources tell Kallanish.
According to sources, offers for containerised US-origin surged to $455-460/tonne cfr Nhava Sheva and Mundra, while Europe and U…
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Anonymous
Very good overview of the weekly steel market.
Anonymous