29
Jun
15:35
Benelux scrap prices decline under pressure
The absence of Turkish mills in the global scrap market and increasing pressure on scrap prices has resulted in a decline in Benelux scrap prices.
Turkish mills’ scrap demand remained at low levels last week with only two scrap deals concluded from the EU.
EU-origin HMS 80:20 was booked at $250/tonne and $255/t cfr Turkey in these deals. A Belgian supplier sold a cargo comprising 50% HMS 75:25 and 50% bonus grade at $252.5/t cfr Turkey. Another supplier is …
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Anonymous
Very good overview of the weekly steel market.
Anonymous