14
Apr
16:25
Turkish imported scrap prices continue to rise
Turkish mills are paying higher for each new scrap deal due to the lack of material on account of Covid-19-related restrictions.
Mills’ scrap demand continues but the number of scrap offers in the Turkish market is limited. They therefore have to pay more despite non-supportive rebar prices.
Turkish mills have concluded some fresh deep-sea scrap deals. In the most recent US-origin and Baltic-origin scrap deals, HMS 1&2 80:20 has increased to $257/tonne …
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Anonymous
Very good overview of the weekly steel market.
Anonymous