13
Jun
20:49
Turkish scrap drops further on weakening US market
Turkish scrap import prices have fallen this week in a considerable wave of bookings following the return of mills to the market after last week’s Bayram holiday. With no improvement in demand for Turkish rebar exports, market participants tell Kallanish prices are likely to decline further, with only five-year high iron ore prices preventing a steeper drop.
Eight deep-sea bookings have been reported so far this week, the first three of which were from the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous