07
Sep
14:53
Turkish scrap edges down further amid unfavourable market
Some Turkish mills decreased their domestic scrap buying prices on Wednesday due to the sharp declines seen in imported scrap values, Kallanish notes.
Two deep-sea scrap bookings were heard on Wednesday. A western Turkish mill booked EU-origin scrap at average $380/tonne cfr Turkey at the end of last week, while HMS 1&2 80:20 is heard to correspond to $372-373/t cfr levels. While this represents the market level of last weekend, a US-deal concluded t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous