03
Jul
01:00
Turkish mills' domestic scrap purchase prices fall again
Turkey’s largest steelmakers continue to reduce their purchase prices for domestic scrap. They were pushed down by the decline in import deep-sea scrap prices, while demand for Turkish rebar remains weak, Kallanish observes.
Turkey’s biggest integrated steelmaker, Erdemir, cut its purchasing price for domestic DKP (auto bundle) scrap to TRY 685/tonne ($255/t) from TRY 720/t on 2 July. The company has reduced its DKP price several times since 13 M…
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Anonymous
Very good overview of the weekly steel market.
Anonymous