20
Aug
15:39
Turkish scrap falls further on fresh US deal
Turkish imported scrap prices fell further on a fresh US-origin scrap deal.
A Turkish long steel mill in the south bought a cargo from a US supplier on Thursday that comprises 20,000 tonnes of HMS 1&2 80:20 at $450/t, 7,000t of shredded at $470/t and 3,000t of bonus grade at $470/t cfr. The price of HMS 1&2 80:20 in this deal is $11/t lower compared to the US deal that was booked last week.
Although their requirement for September shipment cargoes contin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous