13
Sep
14:51
Turkish scrap market debates bottom despite pressured prices
While prices continue to fall in the Turkish scrap market, some market participants think they have reached the bottom, as such sharp falls are no longer sustainable. However, some Turkish mills think prices should fall further as there is no support from finished steel sales.
On the latest bookings heard in the Turkish scrap market, a Baltic-origin cargo comprising 10,000 tonnes of HMS 1&2 80:20 at $356/t, 13,000t of shredded at $376/t and 2,000t of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous