20
Dec
15:02
Turkish scrap stabilises, whilst some players forecast correction
Turkish mills are keeping their domestic scrap buying prices unchanged this week, Kallanish notes.
Business activity in the domestic market remains moderate, while imports are on halt. No imported scrap booking is heard so far this week as Turkish mills find scrap prices unaffordable amid falling rebar prices and expect correction in scrap prices.
A Turkish mill tells Kallanish: "Even if all other factors remain the same, scrap prices should decrease as…
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Anonymous
Very good overview of the weekly steel market.
Anonymous