21
Feb
14:59
Turkish mills conclude more scrap purchases, prices stabilise
Turkish mills concluded more scrap deals towards the end of last week, with prices appearing to stabilise following the further hikes seen at the start of the week, Kallanish notes.
Towards the end of the week, a Turkish mill bought a cargo from a European supplier comprising 17,500 tonnes of HMS 1&2 75:25 and 17,5000t of bonus at an average price of $284/tonne cfr Turkey. The HMS 75:25 price corresponds to $276.5/t cfr in this deal. Although this looks like a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous