22
Dec
13:33
Scrap prices stabilise on fresh bookings in Turkey
Turkish imported scrap prices have stabilised for premium HMS 1&2 80:20, while the same grade from the EU has slightly increased, Kallanish notes.
Four fresh deep-sea bookings were heard on Thursday, three of which were from a western mill. The mill bought two cargoes from the Baltic at $386.5/tonne and $387/t cfr for HMS 1&2 80:20 and $406.5-407/t cfr for bonus grade. These point to a stable trend compared to the previous US-origin booking concluded…
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Anonymous
Very good overview of the weekly steel market.
Anonymous