28
Feb
17:09
Turkey books solitary scrap cargo, reduces rebar prices
Turkey has booked a solitary deep-sea scrap import cargo this week from the US at what appears to be a slightly higher price on-week. However, market participants point to the consignment still being March shipment and commanding a high quality premium.
The cargo was for 10,000 tonnes of HMS 1&2 80:20 at $313/tonne cfr Turkey, 10,000t shredded at $318/t and 10,000t bonus at $323/t. This compares to the Baltic-origin cargo booked last week at $307/t for HMS 8…
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Anonymous
Very good overview of the weekly steel market.
Anonymous