28
Sep
15:50
High-price booking report confuses Turkish scrap market
Turkish scrap market participants are seemingly confused over numerous rumours about rebar sales and scrap purchases, with one reported scrap booking, in particular, said to be carrying an unexpectedly high price, Kallanish notes.
A booking from the Baltic appearing at well above market price has stumped observers, and there are many rumours of rebar sales to Asia and the US (see separate story).
A Turkish mill is heard to have booked a scrap cargo on Monday comp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous