02
Aug
14:07
Lacking demand pressures Turkish scrap market
Scrap prices in Turkey remained under strong pressure last week as buyers showed no interest in scrap offers amid weak steel sales, lower-priced billet bookings and mills’ almost zero margins.
Turkish mills, which have booked almost 700,000 tonnes of imported billet since mid-June, have not yet returned to the scrap market. Apart from a deal from France at $386/tonne cfr for HMS 1&2 80:20 in the first half of last week, no deep-sea bookings were heard in…
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