01
Feb
08:52
Turkish domestic scrap ticks up amid firm imports
Most Turkish mills are seen raising their domestic scrap buying prices this week amid increasing imported scrap values, Kallanish notes.
Demand for both domestic and imported scrap remains strong.
Imported scrap prices, meanwhile, continue to rise on the latest bookings. Four fresh deals were heard in the market on Wednesday.
A western Turkish mill bought EU-origin HMS 1&2 80:20 on Tuesday at $418.5/tonne, and shredded and bonus at $438.5/t cfr Turkey. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous