08
Sep
16:01
Scrap could hit $320 in Turkey
Imported scrap prices are further increasing in Turkey, while mill demand continues for both imported and domestic feedstock.
US and Baltic scrap suppliers’ offers stand at above $305/tonne cfr Turkey for HMS 1&2 80:20. A US supplier is heard to have sold a cargo with the HMS 80:20 component priced at $301/t cfr after earlier refusing a bid at $302/t cfr.
An EU-origin scrap supplier is heard to have sold its cargo at an average of $300/t cfr after …
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Anonymous
Very good overview of the weekly steel market.
Anonymous