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24 Mar
14:36

Turkish mills show no interest in scrap offers

After concluding some deep-sea and short-sea scrap purchases last week, Turkish mills have once again halted their scrap purchases this week. Last week, HMS 1&2 80:20 scrap prices decreased sharply initially to $247/tonne cfr and later to $226/t cfr Turkey in bookings from Canada and the UK respectively. In the short-sea market, A3 grade decreased to $217/t cfr in the latest booking concluded at the end of last week. Today, however, although short-sea supplie…
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