08
Feb
15:08
Turkish imported scrap hits $500
Turkish mills’ scrap buying spree is seen to have slowed following numerous imported scrap bookings last week.
Although there are still mills that are inquiring about scrap, demand is lower compared to last week. On the other hand, only a limited number of suppliers are offering material in the market.
The latest booking was heard on Monday at $494/tonne cfr Turkey for Baltic-origin HMS 1&2 80:20. A US supplier is heard to have sold HMS 1&2 90:10 at…
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Anonymous
Very good overview of the weekly steel market.
Anonymous