30
Mar
16:01
Turkish mills’ caution limits scrap price increase
Following Turkish mills’ return to the scrap market last week, scrap suppliers have increased their price targets. However, as a result of mills’ cautious stance due to instability in their domestic market this week, most imported scrap suppliers believe they will not be able to achieve targets.
Although US and European suppliers were aiming to sell at above $440/tonne and $430/t cfr respectively, today’s market conditions indicate this is unlike…
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Anonymous
Very good overview of the weekly steel market.
Anonymous