10
Dec
14:47
Turkish imported scrap price stabilises
Imported scrap prices are seen to have remained almost unchanged on the bookings that were heard on Friday.
Two mills are heard to have booked US-origin cargoes. A rebar mill is confirmed to have concluded a cargo at average $476/tonne cfr for 22,000t of HMS 1&2 80:20 and 8,000t of shredded. Another longs steel mill is heard to have booked HMS 1&2 80:20, though this is not confirmed by the buyer.
Although US suppliers were insisting on prices at above $47…
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Anonymous
Very good overview of the weekly steel market.
Anonymous