28
Jun
16:23
Turkish scrap inches down, mill production cuts possible
Turkish scrap import prices have inched down this week following a spate of six bookings, as rebar export demand died down after reports last week of deals to the US and Canada. Turkish mills are considering reducing production due to the weak demand, market particpants tell Kallanish.
The three most recent of the six scrap bookings came from North America. One Canadian cargo had 30,000t shredded and 20,000t HMS 90:10 at an average price of $368/t cfr Turkey, wi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous