01
Jun
15:55
Turkish scrap market waits, eyes China developments
Silence prevails in Turkey’s scrap market, with both suppliers and Turkish mills seen focusing on price developments and expected news regarding the approval of export tax in China.
Although Chinese steel prices have recovered since last weekend, Turkish mills initially want to see the resulting impact on Chinese imports. They are therefore not rushing to conclude scrap bookings before having a clearer picture of the Chinese market.
While Turkish mills are …
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Anonymous
Very good overview of the weekly steel market.
Anonymous