24
Sep
14:05
Turkish scrap market expects further price fall
Despite the expectation of many Turkish market players for a rebound in scrap prices yesterday, the market developed in a completely different way and sentiment has turned negative once again. The original optimism followed a rumour of two UK cargoes that have been sold to a Turkish mill at $225/tonne cfr and $227/t cfr.
Turkish mills, referring to the situation in finished steel sales, are seen to have increased the pressure on scrap prices. Supply and demand a…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous