04
Oct
12:16
Turkish domestic scrap mostly stabilises, import values down
Most Turkish mills have kept their domestic scrap buying prices unchanged since last week, Kallanish notes. Imported scrap prices, meanwhile, fell on fresh bookings concluded this week.
Three US-origin bookings have been concluded since the beginning of the week, of which two were by a Marmara mill. The mill bought HMS 1&2 80:20 at $370/tonne and $371/t respectively cfr Turkey, with a $20/t premium for bonus and shredded, for November shipment. A southern…
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Anonymous
Very good overview of the weekly steel market.
Anonymous