25
Aug
15:18
Turkish mills fail to achieve lower scrap prices
Turkish mills have started inquiring about scrap this week, as expected, but the price declines anticipated by some previously are unlikely to materialise, most market players believe.
Following the EU-origin scrap sales concluded last weekend, market players are now more convinced prices will not fall to Turkish mills’ targeted levels. As a result, most participants now expect the market to continue where it left off three weeks ago.
The EU-origin HMS 1&am…
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Anonymous
Very good overview of the weekly steel market.
Anonymous