31
May
14:34
Turkish scrap falls further, rebar demand remains concern
Turkish mills have booked five deep-sea scrap cargoes this week following the three purchased last week, with prices inching down further. The worrying state of Turkey’s economy is likely to maintain downward pressure on scrap prices in the near term, market participants tell Kallanish.
Following a UK-origin cargo booked at the end of last week at $333/tonne cfr Turkey for HMS 1&2 80:20, Turkey has booked two Baltic-origin, two European-origin and one …
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Anonymous
Very good overview of the weekly steel market.
Anonymous