05
Jan
13:59
Turkish scrap activity to continue following rebound
Following numerous bookings concluded in the first week of the year, Turkey’s scrap market remained quiet on Friday.
Although there were still mills inquiring about scrap on Friday, they found suppliers’ offer levels on the high side.
UK and EU-origin offers for HMS 1&2 80:20 stood mostly at around $420/tonne cfr Turkey on Friday. However, mills’ price targets were at $416-417/t cfr levels.
Although there were rumours of an HMS 1&2 80:…
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Anonymous
Very good overview of the weekly steel market.
Anonymous