01
Feb
14:52
Turkish scrap market remains bullish, offers hiked
After jumping in fresh deals, scrap prices are likely to remain firm in the near future as Turkish mills’ demand continues.
Mills are seen continuing to inquire about imported scrap, while suppliers are targeting even higher prices and have backed off from the market.
The latest bookings for HMS 1&2 95:5 were concluded at $483/tonne and $493/t cfr Turkey from Venezuela and the Baltic respectively at the end of last week.
On Tuesday, a UK-origin supplie…
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Anonymous
Very good overview of the weekly steel market.
Anonymous