28
Jun
15:02
US-origin deals heard amid quiet Turkish scrap market
Turkish domestic scrap prices remain mostly unchanged from last week amid the Eid holiday. Two mills are seen to have decreased their values towards the end of last week, Kallanish notes.
On the other hand, the imported scrap market is also silent this week. Two bookings were heard in the market on Wednesday. A western mill is confirmed to have booked US-origin HMS 1&2 80:20 at $380/tonne cfr Turkey last Friday, following Turkey's Central Bank interest rat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous