11
Feb
15:06
Scrap offers rise in Turkey despite uncertainty
Turkish mills have made a cautious start to the week, after concluding numerous deep-sea scrap purchases last week, Kallanish notes. While their demand is not completely finished, they wish to gauge the situation in finished steel markets, China and geopolitics before committing to more purchases.
Scrap suppliers, however, have backed off in preparation for higher offer prices this week. While US suppliers are targeting $270/tonne cfr and above for HMS 1/2 80…
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