27
Jun
15:22
Turkish scrap prices stabilise amid holiday lull
Scrap prices in Turkey are seen following a stable trend, although activity is non-existent amid the long Eid holiday.
Turkish mills were previously awaiting the central bank’s decision on interest rates on 22 June, and have subsequently concluded some purchases after the announcement last week.
An EU-origin HMS 1&2 80:20 booking was concluded at $378/tonne cfr Turkey on 22 June. The next day, a Marmara mill bought a US-origin cargo comprising HMS 1&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous