11
Oct
15:48
Turkish scrap holds despite inactivity, billet trumps rebar
Two Turkish scrap import bookings were reported on Thursday at generally stable prices following a silent week in which mills were unable to secure sough-after price reductions.
One Turkish mill booked an unspecified tonnage of HMS 1&2 80:20 at $327.5/tonne cfr Turkey from the Baltic. This compares to a Baltic-origin cargo booked last at $328/t following a US-origin deal concluded at $327/t. The second cargo this week was Benelux-origin for 20,000 tonnes of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous