20
Jul
16:16
Turkish scrap market foresees lower prices
Some Turkish mills have increased their domestic scrap buying prices after returning from holiday this week. They are thereby adjusting them in line with the last pre-holiday imported prices, when values peaked, and due to the weakening lira, Kallanish notes.
No fresh imported scrap booking was heard on Wednesday following a Denmark-origin deal at $390/tonne cfr Turkey on Monday. Mills are seen pushing scrap prices down amid the availability of numerous offers in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous