27
Sep
17:20
Turkish mills book scrap but seek lower prices
Turkish scrap bookings have accelerated this week, although prices remained largely stable with mills trying to negotiate cheaper deals because of weak steel demand in domestic and export markets, sources tell Kallanish.
Four of the six deals reported this week were of Baltic-origin. The first of the six was a UK-origin deal for 25,000 tonnes of HMS 1&2 80:20 at $319.5/tonne cfr Turkey. The first Baltic deal had HMS 80:20 at $323/t, shredded at $328/t and bo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous