19
Jul
14:48
Turkish scrap prices remain unchanged on fresh deals
Turkish mills accelerated deep-sea scrap purchases towards the end of last week, while prices recorded no change compared to previous levels, Kallanish notes.
Four bookings were heard on Friday. Two mills bought US-origin cargoes at $390/tonne cfr Turkey for HMS 1&2 80:20. A southern Turkish mill bought a US-origin cargo comprising 10,000 tonnes of HMS 1&2 90:10 at $392/t, 10,000t of shredded at $410/t and 10,000t of bonus at $410/ cfr, with a latest shipm…
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Anonymous
Very good overview of the weekly steel market.
Anonymous