16
Aug
14:10
Turkish domestic scrap follows import uptick
Most Turkish mills have increased their domestic scrap buying prices since last week due to the sharp rises seen in imported scrap values, Kallanish notes.
Fresh imported scrap bookings continued to be heard on Wednesday. A western Turkish mill bought an EU-origin cargo comprising 20,000 tonnes of HMS 1&2 80:20 at $364.5/tonne and 5,000t of bonus at $384.5/t cfr Turkey for end-September shipment. A Marmara mill bought a Sweden-origin cargo at $370/t and $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous