12
Jun
15:13
Turkish scrap follows stable trend
Turkish mills have kept their domestic scrap buying prices unchanged since last week, Kallanish notes.
Imported scrap prices are also following a stable trend on the latest US-origin booking. A Marmara mill bought HMS 1&2 90:10 at $386/t and shredded and bonus from $404/t cfr. Although this points to an increase compared with the latest US-origin deal early last week, it represents a stabilisation compared with the following EU-origin deals' prices.
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Anonymous
Very good overview of the weekly steel market.
Anonymous