01
Jul
14:32
Turkish scrap market debates sustainability of price rises
Following the sharp jump seen in scrap prices last week, Turkish market participants are questioning if fundamentals are solid enough to sustain price rises, while scrap suppliers are seen targeting yet higher prices.
Two deals were heard on Friday. A southern Turkish rebar mill is heard to have bought an EU-origin cargo comprising 30,000 tonnes of HMS 1&2 80:20 and 10,000t of shredded at average $368/tonne cfr Turkey, for early-August shipment. A M…
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Anonymous
Very good overview of the weekly steel market.
Anonymous