14
Jun
10:34
Turkish domestic scrap continues to rise, imports pressured
Turkish mills have increased their domestic scrap buying prices further this week due to the continuing depreciation of the lira, Kallanish notes.
On the other hand, the imported scrap market is silent this week, with mills showing no interest in offers. A single deal has been confirmed since the beginning of this week.
Although there were rumours of an EU-origin booking being done at $388/tonne cfr Turkey on Wednesday, Kallanish confirms this was concluded…
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Anonymous
Very good overview of the weekly steel market.
Anonymous