16
Apr
14:52
Turkish imported scrap slides on supply-demand imbalance
Imported scrap prices in Turkey continue to stay under pressure amid Turkish mills’ lack of appetite for scrap purchases and plentiful availability of offers in the market.
Although some cargoes have been directed to the Egyptian market, this has, as expected, not had much impact on the Turkish imported scrap market. Egyptian mills are heard to have bought four deep-sea cargoes and are negotiating for another three. One US-origin scrap cargo was heard done a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous