01
Jun
15:51
Turkish imported scrap continues to fall, domestic recovers
Turkish steel producers have increased their domestic scrap buying prices since last week despite the downward trend in import prices, Kallanish notes. The increases are mostly due to the depreciation of the lira as Turkish mills buy domestic scrap on a lira basis.
Imported scrap prices have decreased again on fresh deals from the US and Baltic, meanwhile. Following US deals earlier at $457/tonne cfr Turkey, US suppliers sold at $445/t cfr at the end of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous