23
Jul
15:33
Turkish scrap demand calms amid cheaper billet
The Turkish scrap market has had a calm start to the week following last week’s bookings.
The latest bookings occurred last week at $390/tonne and $383/t cfr Turkey for US and Benelux-origin HMS 1&2 80:20 respectively.
Amid weak steel sales and lower-priced imported billet offers, Turkish mills are not rushing to conclude deals, although some mills’ August-shipment requirements are not yet fulfilled. Some suppliers from the Baltic and EU are never…
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Anonymous
Very good overview of the weekly steel market.
Anonymous