30
Sep
15:44
Turkish domestic scrap prices remain unmoved
All Turkish steelmakers have kept their domestic scrap buying prices unchanged for two weeks, Kallanish observes.
Prices have declined in dollar terms, however, due to the further depreciation of the lira this week. The lira, which was at 7.68 per dollar a week ago, stood at 7.77 on Wednesday.
Turkish mills resumed inquiring about scrap last week and concluded a few deep-sea scrap bookings. Although prices decreased only slightly in these initial bookings, the la…
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Anonymous
Very good overview of the weekly steel market.
Anonymous