24
Aug
15:06
Turkish domestic scrap falls, import prices debated
Turkish steelmakers have decreased their domestic scrap buying prices since last week despite the recent increase seen in imported scrap prices on Tuesday, Kallanish notes.
Imported scrap activity, which was on halt amid weak steel sales, resumed on Monday on a fresh deal from the US. A Marmara long steel mill has bought 19,000 tonnes of HMS 1&2 80:20 at $402/t, 21,000t of shredded at $422/t, and 5,000t of P&S at $422/t cfr, for September shipmen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous