04
Nov
14:02
Turkish mills accelerate scrap purchases
Turkish mills are seen to have returned to the market to buy imported scrap, as expected by many market players earlier this week.
Following a US deal at $354/tonne cfr from the US on Thursday, further bookings were heard on Friday.
A western mill is heard to have bought Baltic-origin HMS 1&2 80:20 at $348/t cfr while a southern mill has bought at the same level from the EU. Although there is news about another US booking at $358/t cfr, this was concluded by…
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Anonymous
Very good overview of the weekly steel market.
Anonymous