03
Feb
15:31
Turkish mills pay premium for prompt-shipment scrap cargoes
Scrap prices in Turkey have continued to rise on fresh offers. However, the number of quotes is limited to certain prompt-shipment cargoes.
A few fresh bookings were heard on Thursday.
A long steel mill is heard to have bought US-origin HMS 1&2 80:20 at $486/tonne and shredded at $506/t cfr Turkey on Tuesday for March shipment. Although there are rumours that this was concluded last week, the supplier confirms it was on Tuesday. The same producer sold UK-orig…
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Anonymous
Very good overview of the weekly steel market.
Anonymous