16
Jan
14:28
Turkey’s scrap demand slows, sentiment weakens
Turkish mills’ imported scrap buying interest has declined significantly following numerous bookings last week, Kallanish notes.
An ex-Germany booking concluded on 12 January at $420/tonne cfr Turkey for HMS 1&2 80:20, $445/t for bonus grade and $452/t for busheling was heard in the market on Tuesday.
Amid weak demand coupled with availability of unsold cargoes, some suppliers are seen decreasing their prices gradually. A US supplier decreased HMS 1&…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous