19
Apr
14:26
Turkish pressure leads to scrap price fall
Turkish mills’ lack of appetite for scrap purchases led to a fall in scrap prices in the Benelux.
Dock prices for HMS 1&2 80:20, which stood at €320-325/tonnes ($384-390/t) a week ago, have decreased to €315-320/t delivered and continue to remain under pressure.
A Benelux scrap supplier tells Kallanish:” Egyptian mills were in the market last week in Turkey’s absence. Although some cargoes were directed to Egypt, it did not help p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous