29
Jun
01:00
Turkish mills lower domestic scrap purchase prices further
Turkey’s largest steelmakers started the week with further reductions in their local scrap purchasing prices, as finished product demand remained weak, Kallanish observes.
Turkey’s biggest integrated steelmaker, Erdemir, cut on 29 June its purchasing price for domestic DKP (auto bundle) scrap to TRY 720/tonne ($267/t) from TRY 745/t. The company has reduced its DKP price several times since 13 May. Erdemir subsidiary Isdemir slashed its DKP buyin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous