10
Feb
15:35
Benelux scrap players question rebound
There is confusion among Benelux scrap players over the future direction of the market, amid uncertainty over whether Turkish scrap prices have in fact rebounded.
Last week a Turkish mill booked EU-origin scrap at $261.5/tonne cfr average for 15,000 tonnes of HMS 1/2 75:25, 10,000t shredded and 7,500t bonus. This has given some European suppliers confidence that the market is rebounding. However, other market participants are seen to be still unclear about the tr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous