03
Feb
14:39
Turkish scrap continues upward trend on fresh bookings
Turkish imported scrap prices continued their upward trend on Friday on fresh bookings, Kallanish notes.
A UK-origin booking done earlier last week was heard on Thursday. A western Turkish mill bought 15,000 tonnes of HMS 1/2 (80:20) at $426/tonne and 15,000t of bonus grade at $446/t cfr Turkey.
This booking created some confusion in the market due the wide spread it gave to an EU-origin deal at $417/t cfr for HMS 1&2 80:20, which was heard on the same d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous