17
Aug
15:20
Scrap suppliers await Turkey demand rebound
Turkish mills are continuing to take their imported scrap purchases slowly as they are yet to see a recovery in rebar demand.
A long steel mill in western Turkey bought 25,000 tonnes of HMS 1&2 80:20 on Tuesday at $449/tonne cfr from Venezuela, for second-half-of-September shipment. After deadline on Tuesday, a European supplier is then heard to have sold HMS 1&2 80:20 at $445/t cfr Aliaga.
Although Turkish mills’ appetite for scrap purchases remain…
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Anonymous
Very good overview of the weekly steel market.
Anonymous