29
Mar
14:55
Turkish scrap prices stabilise, offers increase
Scrap prices are seen to have stabilised on the latest bookings, Kallanish hears from market participants.
On Friday, another booking from the EU was heard in the market. A Western mill bought HMS 1&2 80:20 at $385.5/tonne, confirming a stable trend.
The number of offers is seen to have increased in the market. Mills have backed off from the market as the number of offers increased. Although there are offers at $390/t cfr for European HMS 1&2 80:20, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous