09
Mar
14:56
Turkish scrap import prices fall on abundant supply
Turkish mills remain out of the scrap import market, despite still requiring April-shipment cargoes, reassured by the large number of scrap offers in the market. With price pressure increasing, some US suppliers have revised their prices downwards.
Kallanish confirmed on Tuesday that two US-origin cargoes were sold last week. The first was at average $467/tonne cfr Turkey for 12,000 tonnes of bonus and 18,000t of shredded scrap. The other US cargo w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous