03
Nov
14:48
Turkish domestic scrap begins decline, following imports
Following sharp price rises in previous weeks, some Turkish mills have started to decrease their domestic scrap buying prices, Kallanish notes, mainly because of the softening in imported scrap prices and bearish sentiment.
A single booking was heard on Wednesday. A Turkish long steel producer is heard to have booked an HMS 1&2 80:20 cargo from St. Petersburg at $490/tonne cfr Turkey. This, however, is not considered as a reference price for the mark…
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Anonymous
Very good overview of the weekly steel market.
Anonymous