01
Mar
14:05
Turkish scrap demand remains lulled, price falls continue
Turkish steel producers continued to delay their scrap purchases at the end of last week, as prices dropped further.
A single mill was active last week, buying two US-origin cargoes and a short-sea consignment.
Following the reported deal at $415/tonne cfr Turkey for shredded and bonus from the US on Wednesday, the same western Turkish mill is heard to have booked another US-origin cargo on the same day at $383.5/t for HMS 1&2 85:15 and $410.5/t cfr for…
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Anonymous
Very good overview of the weekly steel market.
Anonymous