10
May
15:13
Turkish scrap prices slide amid poor activity
Turkish mills ended last week with subdued scrap purchases, although suppliers’ expectations strengthened versus the previous week.
On Friday, two bookings were heard in the market, although one does not represent the market value. A Venezuelan supplier sold a sailing vessel that returned from Egypt due to LC problems at $372/tonne cfr Turkey for HMS 1&2 80:20. The second booking was heard from the Baltic at $380/t cfr for the same grade, although confir…
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Anonymous
Very good overview of the weekly steel market.
Anonymous