07
Oct
15:55
Turkish scrap remains flat, suppliers target higher prices
Turkish scrap prices remain largely stable, although suppliers have further increased their price targets following last week’s sales at higher prices, Kallanish notes.
The latest booking was heard from the Baltic at $371/tonne cfr Turkey for HMS 1&2 80:20. This deal confirms that Turkish mills have been forced to pay higher prices for the cargoes that contain a large amount of shredded and higher grades. Previous US cargoes were also sold at higher…
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Anonymous
Very good overview of the weekly steel market.
Anonymous