13
Sep
16:25
Turkish scrap inches down, buyers shun rebar quotes
Turkish scrap prices have inched down fractionally this week following five fresh deep-sea bookings. Turkish rebar mills struggled to find buyers in export markets meanwhile despite reverting to lower offers last week, market participants tell Kallanish.
Two of the scrap deals were from the US. The first was for HMS 1&2 80:20 at $319/tonne cfr Turkey, shredded at $324/t and P&S at $329/t. The second had 10,000t HMS 1&2 90:10 and 15,000t shredded…
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Anonymous
Very good overview of the weekly steel market.
Anonymous