05
Jun
16:49
Turkey-US ferrous trade bounces back, as sentiment improves
Turkey has booked two US-origin scrap cargoes and sold a rebar consignment to the US. Market sentiment appears to have improved since the announcement last week of blanket US steel tariffs, participants tell Kallanish.
The 25% US tariffs were imposed with no exemptions, effectively creating a level playing field for all countries competing on exports to the US. This means that, contrary to the earlier fears of Turkish mills that they would be left behind wh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous