10
Aug
17:51
Turkish domestic scrap prices soar on rising imports
Turkish domestic scrap prices have surged this week, with some mills steeply lifting their buying prices as scrap import prices maintain an upward trend, Kallanish notes.
Local integrated flat steelmaker Erdemir has hiked its domestic auto-bundle (DKP) purchasing price to TRY 1,235/tonne ($349), effective 11 August. This is up TRY 70/t from the TRY 1,165/t price set on 8 August, which was up TRY 50/t over the last price set in July. Its flats and longs'…
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Anonymous
Very good overview of the weekly steel market.
Anonymous