04
May
16:44
Imported scrap price rally continues in Turkey
Turkish scrap import prices are seen soaring further after increasing sharply at the end of last week.
Suppliers are seen targeting higher prices this week, though no new deals at higher prices have been heard yet. The latest deal was heard from the EU last weekend at $448/tonne cfr Turkey for HMS 1&2 80:20.
A US supplier is heard to have revised his HMS 1&2 80:20 offer from $462/t to $465/t cfr. A Baltic supplier who increased his offer from $452/t to $4…
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Anonymous
Very good overview of the weekly steel market.
Anonymous