27
Jan
14:17
Steel demand, cost push lift Turkish scrap sentiment
Sentiment has improved in Turkey’s scrap market following large-volume rebar sales to Asia after a long break, the rise in Turkish producers’ finished steel offer prices and livelier demand in both scrap and rebar markets.
Having been forced to halt production due to electricity outages, Turkish steel producers have increased their finished steel prices as a result of the higher production costs.
While hot rolled coil prices have increased from $830-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous