15
Feb
14:46
Turkish scrap activity becalms, prices remain firm
Turkish mills’ buying spree has slowed following numerous imported scrap bookings last week.
Only a few producers are seen inquiring about imported scrap this week. On the other hand, suppliers, having filled their books with the recent sales, are not rushing to sell material.
Only a few offers are heard in the market. A European supplier is heard offering HMS 1&2 80:20 at $509/tonne cfr Turkey. This level, however, is far from acceptable for Turkish mi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous