09
Aug
15:16
Turkish scrap jumps further on fresh bookings
Scrap prices in Turkey are seen continuing last week’s rise on fresh bookings this week.
Following the EU-origin HMS 1&2 80:20 scrap booking at $377/tonne cfr Turkey last week, more deep-sea bookings were concluded on Monday.
A Marmara mill is heard to have bought Finland-origin HMS 1&2 80.20 at $390/t and bonus grade at $405/t cfr, while a western mill is heard to have booked Venezuela-origin HMS 1&2 80:20 at the same price. A US-origin bookin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous