02
Jul
01:00
Turkeys scrap imports fall in May as billet bookings rise
Turkish scrap imports declined -7.4% year-on-year to 1.70 million tonnes in May when billet imports increased and demand for Turkish rebar weakened. The average overall price of scrap imports was down $103/tonne to $271/t cfr Turkey, Kallanish learns from the latest Turkish Statistical Institute (TUIK) data.
The US remained Turkey’s top scrap supplier in May. Its deliveries grew 32.4% y-o-y to 374,958t as the average US scrap booking price de…
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Anonymous
Very good overview of the weekly steel market.
Anonymous