13
Dec
16:46
Turkish mills look to bridge scrap bid-offer gap
The Turkish deep-sea scrap import market has fallen silent again this week, with mills’ bids still below the level merchants are demanding, despite attempts to bridge the gap. Rebar is now available at $460/tonne fob Turkey, various market participants tell Kallanish.
Last week’s Benelux-origin cargo, which sent prices down some $15/t, remains the only deep-sea scrap consignment purchased by Turkish mills since 23 November. Steelmakers were bidding a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous