29
Jun
15:33
Turkish imported scrap rebounds, domestic yet to follow
Turkish steel producers continue to decrease their domestic scrap buying prices since last week, Kallanish notes. Imported scrap prices, however, are showing signs of recovery on fresh bookings.
Three imported scrap bookings were heard on Wednesday. A mill in southern Turkey is confirmed to have bought US-origin HMS 1&2 80:20 at $335/tonne cfr Turkey. This is up from $330/t cfr on Monday. A western mill, on the other hand, bought EU-origin HMS 1&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous