23
Jan
15:00
Turkish scrap market debates price floor
Scrap prices in Turkey have continued to soften on fresh deals concluded at the end of last week.
Two deep-sea scrap bookings from 19 January were heard in the market this week. A Benelux supplier sold HMS 1&2 80:20 at $410/tonne cfr Turkey, while a Canadian merchant sold its third cargo of the week comprising 40,000 tonnes of HMS 1&2 95:5 and 10,000t of shredded at average $435/t cfr.
Although these deals confirm a further softening in scrap prices, most…
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Anonymous
Very good overview of the weekly steel market.
Anonymous