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07 Mar
16:23

Turkish scrap prices jump on supply constraints again

Turkish scrap import prices have registered a clear increase this week as mills continued purchases. Turkish rebar demand, which remains sluggish, was not the driver, however, although one mill was heard concluding a large billet export deal. Following a Baltic-origin deal reported at the end of last week at $310.5/tonne for HMS 1&2 80:20, four further deals have occurred this week. Two were from the Benelux. One, from the Baltic, was for HMS 80:20 at $319/t…
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