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15 Nov
16:41

Turkish mills lower rebar quotes, scrap softens marginally

Turkish mills have lowered their rebar export quotes in a bid to spur sales, while two fresh scrap deals were heard this week at slightly lower prices, market participants tell Kallanish. The scrap cargoes, from the same supplier, were for 17,000 tonnes of HMS 1&2 80:20 at $335/tonne cfr Turkey and 3,000t shredded at $340/t from the US, and for 20,000t HMS 80:20 at $335/t from Poland. Confirmation from the buyers and seller could not be obtained before deadl…
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