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02 Aug
17:29

Gas hike concerns Turkish rebar mills, prices unmoved

Turkey’s scrap import and rebar export markets have been unmoved this week, with the most-pressing news that electricity prices for Turkish industrial consumers have increased by 14%, market participants tell Kallanish. Only one scrap booking has been heard this week, from the Benelux for 20,000 tonnes of HMS 1&2 75:25, 12,500t bonus and 2,500t new cutting at an average of $328.5/tonne cfr Turkey. This represents a further decline for Benelux-origin sc…
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