02
Nov
14:12
Benelux scrap supply narrows
Scrap prices in the Benelux remain tight while supply is at risk with the announcement of new lockdowns, market participants observe.
Turkish mills continued buying scrap last week and prices increased further, with EU-origin HMS 1&2 80:20 surpassing $290/tonne cfr Turkey. A Turkish mill has concluded a scrap cargo that consists of HMS 75:25 at $289/t, shredded at $296/t and bonus grade at $303/t cfr. Baltic- and US-origin HMS 80:20, meanwhile, increased to $2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous