10
Mar
00:00
Turkish scrap imports plunge 30% in January, scrap-rebar spread narrows to $171
Turkish scrap imports plunged 30% year-on-year in January to 1.375 million tonnes, Kallanish notes from the latest Turkish Statistical Institute (TUIK) data. The average price of these imports was $318/tonne cfr Turkey, down from $392.
The strength of the dollar and the holding back by US merchants of material meant sourcing from the US plummeted -61% to 184,629t in January. The average US-booking price of $346/t was far higher than the overall average. The …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous