10
Apr
16:56
Turkish scrap drops, market debates further decline
Turkish scrap import prices have dropped significantly this week following the news of a US-origin deal agreed during an industry meeting well attended by buy and sell-side participants. However, whether this now leads to further declines remains uncertain, as scrap collection costs, among other factors, are tempering any drop.
The 30,000-tonne cargo consisted of HMS 1&2 80:20 at $306/tonne cfr, shredded at $311/t and bonus at $316/t. This was lower than the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous