10
Nov
14:47
Turkish domestic scrap remains mostly stable, imports pressured
Turkish domestic scrap prices have remained mostly stable since last week, with only a few mills decreasing. Imported scrap values, however, are under strong pressure due to bearish sentiment in the market, although suppliers are targeting higher prices, Kallanish notes.
No imported scrap booking was heard on Wednesday, following two Baltic-origin deals at $497/tonne and $500/t cfr Turkey on Tuesday. Some market participants say the exact price of one of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous