28
Sep
09:51
Turkish domestic scrap stable, imports come under pressure
Most steelmakers have kept their domestic scrap buying prices unchanged despite the sharp rise seen in imported scrap prices since last week, Kallanish notes.
Following the Canada-origin deal at average $384/tonne cfr for 35,000 tonnes of HMS 1&2 95:5 and 15,000t of shredded, a fresh booking from the US was heard on Wednesday. A western Turkish long steel mill bought HMS 1&2 90:10 at around $370/t cfr levels. As the HMS 1&2 80:20 equivalent p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous