31
Oct
15:08
Turkish scrap continues to climb on fresh deal
Prices in the Turkish imported scrap market increased further on Tuesday on a fresh deal concluded from the US.
Turkish mills failed to secure their targeted prices and are convinced that scrap can not further decrease. They resumed their demand towards the end of last week, resulting in rebounding scrap prices.
While scrap demand from Turkish mills continues this week, suppliers are seeking higher prices. Following last week’s deal at $358/t cfr, on…
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Anonymous
Very good overview of the weekly steel market.
Anonymous