19
Oct
16:11
Turkish imported scrap prices stabilise on latest bookings
Turkish mills are seen to have concluded further scrap purchases towards the end of last week, Kallanish reports.
Following the sale of US-origin HMS 80:20 at $287/tonne cfr Turkey, there were three more US-origin scrap sales last week with HMS 80:20 priced at $286/t cfr.
A mill in the Marmara region bought US-origin HMS 80:20 at $286/t, shredded at $291/t and bonus grade at $296/t cfr, following the HMS 80:20 sale at $287/t cfr, as previously reported.
Later, t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous