30
May
14:54
Turkish scrap market seeks direction amid diverging expectations
Expectations in the Turkish scrap market are seen diverging amid several factors. While some market participants think scrap prices remaining at current levels is the best-case scenario, others, mostly suppliers, believe prices will continue to rebound in the coming days.
Following the latest bookings at $385/tonne cfr for premium HMS 1&2 80:20, suppliers are seen targeting higher prices. A Baltic and a US supplier are heard offering HMS 1&2 80:20 at arou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous