06
Oct
14:40
Turkish scrap demand remains cautious, prices down
Turkish mills are seen remaining cautious about their scrap purchases following the hikes in energy prices as of 1 October.
With demand remaining slow, suppliers are seen decreasing their offers gradually. Although there were offers from the Baltic at above $375/tonne cfr Turkey for HMS 1&2 80:20 at the beginning of last week, they inched down first to $372/t and then to $369/t cfr levels. A US-origin supplier is seen offering the same grade at $371/t cfr, whi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous