10
Jan
15:16
Turkish imported scrap continues rise on fresh deals
Turkish imported scrap prices continued to rise on fresh deals concluded on Friday, Kallanish notes.
A Canada-origin scrap cargo was booked by a Marmara mill at average $490/tonne cfr Turkey for shredded and bonus grade. The exact composition is yet to be confirmed, but market participants think their share is each 50%.
A long steel producer in the Marmara region bought on Friday a US-origin cargo comprising HMS 1&2 80:20 at $472/t and shredded at $492/t cfr.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous