28
Jun
15:46
Turkish imported scrap prices seek direction
After being on a downtrend for a long time, Turkish imported scrap prices are now seen looking for direction as market players’ expectations diverge.
Although some market participants think prices have already bottomed, others say there is still room for further falls.
The latest booking was concluded at $330/tonne cfr Turkey for US-origin HMS 1&2 80:20 on Monday.
Following a Turkish mill’s rebar sale to Hong Kong, the rebound in China’s ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous