29
Aug
15:10
Turkish scrap market remains firm, expectations diverge
Activity in the Turkish scrap market remains low while both sides of the trade, having no urgency, prefer to wait. Near-term expectations, however, are seen diverging between suppliers and buyers.
On Tuesday, a booking from last week is heard in the market at $368/t cfr for Germany-origin HMS 1&2 80:20.
No fresh booking is confirmed so far this week. The latest booking was confirmed from the US at the end of last week at average $395/t cfr for 10,000 t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous