14
Jan
14:45
Turkish scrap prices collapse on fresh booking
Following sharp increases in the last two months, Turkish scrap import prices have collapsed on a fresh deal this week.
A Turkish mill has bought a cargo from a deep-sea supplier that sells premium quality HMS 1&2 80:20 at $460/tonne cfr Turkey.
Scrap prices made a strong start to 2021 and numerous imported scrap bookings were concluded in the first half of last week. However, mills halted their purchases as the number of scrap offers in the market increased…
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Anonymous
Very good overview of the weekly steel market.
Anonymous