12
Dec
14:22
Turkish scrap market registers expected slowdown, outlook firm
Activity in the Turkish scrap market has slowed this week following last week’s intense bookings, as expected.
Three deals from Friday were heard in the market on Tuesday. A Marmara mill bought UK-origin HMS 1&2 80:20 at $419/tonne and shredded at $444/t cfr Turkey, while a Baltic-origin deal was bought at $424/t cfr and a Europe-origin deal at $420/t cfr.
No booking has been heard so far this week, with both mills and scrap suppliers withdrawing from t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous