07
Jul
15:22
Turkish scrap market freezes, mills seen needing cargoes
Market participants remain unclear about price direction, despite some imported scrap bookings last week, and are waiting for a new deal to have a better understanding of the market.
Numerous scrap suppliers are offering but are not desperate to sell. They are concentrating mainly on collecting material for their previous contracts. Since they know Turkey is yet to buy August-shipment scrap cargoes, they are seen to be resisting the lower prices demanded by mills.…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous