20
Jan
11:29
Turkish scrap remains blurred on fresh deals
Imported scrap price direction in Turkey remains unclear following two fresh bookings from the US and Baltic.
A southern mill bought 19,500 tonnes of HMS 1&2 80:20, 5,700t of bonus, 4,000 of shredded, 3,800t of busheling and 2,000t of railway scrap from a Baltic supplier for early-March shipment. HMS 1&2 80:20 and bonus correspond to $400/tonne and $420/t cfr Turkey respectively in this booking. However, a western mill bought the same grades from the US at…
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Anonymous
Very good overview of the weekly steel market.
Anonymous