17
Feb
15:52
Turkish scrap demand resumes, prices recover
Demand in the Turkish scrap market showed a significant improvement on Friday. Even some southern mills that are yet to resume production following the earthquake are inquiring about scrap.
Following the US-origin deal at $413/tonne cfr Turkey earlier last week, a northern mill has bought EU-origin HMS 1&2 80:20 at $412/t cfr. A Baltic-origin supplier sold HMS 1&2 80:20 at $414/t cfr, while a southern mill bought US-origin HMS 1&2 80:20 at $420.5/t and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous