25
May
19:21
Turkish scrap import prices drop, domestic values diverge
Turkish steel producers' domestic scrap buying prices are following diverging trends, depending on their demand. Mills need to source from the domestic market and have increased their prices. Some have however kept values unchanged and others even decreased since last week, Kallanish notes.
Imported scrap prices have decreased again on fresh deals from the US, meanwhile. Three producers are heard to have bought US-origin scrap on Tuesday at $453-457/tonne…
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Anonymous
Very good overview of the weekly steel market.
Anonymous