25
Feb
15:00
Turkish mills take a breather from scrap purchases
After concluding an array of scrap bookings in previous weeks and almost completing March-shipment purchases, Turkish mills have decreased their scrap demand this week.
Following their hike to $280/tonne cfr Turkey at the beginning of last week, scrap prices have stabilised in the latest bookings that were concluded towards the end of last week. Turkish mills resisted prices over $280/t cfr, leading many US-origin scrap suppliers to reduce offers from $282/t cfr a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous