07
Jan
14:24
Turkish scrap market foresees no significant improvement
Turkish steel producers are not expected to fully return to the imported scrap market this week despite booking some deep-sea cargoes in the early days of the new year, Kallanish notes.
Neither scrap suppliers nor Turkish mills seem to be in a hurry to conclude business, with mills wanting to gauge the level of rebar demand before procuring scrap.
Recent bookings point to a stable Turkish imported scrap market, since prices were level on mid-December deals, which…
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Anonymous
Very good overview of the weekly steel market.
Anonymous