18
Feb
15:28
Scrap price rise continues in Turkey
Scrap prices have continued to rise this week after they rebounded last week following Turkish mills’ resumption of deep-sea purchases.
After reaching $276/tonne cfr Turkey over last weekend, scrap prices have increased further on a fresh US-origin deal concluded by a Turkish mill. An İskenderun-based steel producer bought a cargo consisting of 20,000 tonnes of HMS 90:10 at $282.5/t, 5,000t of shredded at $285/t and 5,000t of bonus at $290/t cfr. It is for s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous