02
Sep
15:21
Turkish imported scrap falls sharply on fresh deal
Turkish imported scrap prices fell sharply on a deal concluded on Wednesday from Denmark.
Although the previous deal from Sweden was concluded at $398/tonne cfr Turkey at the beginning of last week, a western Turkish mill bought Denmark-origin HMS 1&2 80:20 at $386/t cfr on Wednesday.
Some US and Baltic suppliers were still aiming to sell at above $400/t cfr on Friday. However, this price is not likely to be accepted by Turkish mills amid a significant rise …
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Anonymous
Very good overview of the weekly steel market.
Anonymous