23
Aug
14:54
Turkish imported scrap prices rise despite production reductions
Turkish imported scrap prices rise on a fresh deal concluded from the US on Monday.
A Marmara long steel mill bought 19,000 tonnes of HMS 1&2 80:20 at $402/t, 21,000t of shredded at $422/t and 5,000t of P&S at $422/t cfr from a US supplier, for September shipment.
Although scrap suppliers were trying to hold their prices firm in Turkey, Turkish mills were resisting high scrap prices due to weak steel sales and pressured steel prices. This deal at a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous