14
Feb
15:52
Turkish scrap, rebar uptrend reverses as mills retreat
A Baltic-origin scrap cargo booked earlier this week has taken Turkish scrap import prices down, bringing to an end the one-month-long uptrend seen since mid-January, market participants tell Kallanish. Turkish rebar mills have consequently lowered export prices, but are still struggling to find buyers.
After a North American-origin cargo reported over last weekend took scrap prices up to an indicative $333/tonne cfr Turkey for HMS 1&2 80:20, the latest Balt…
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Anonymous
Very good overview of the weekly steel market.
Anonymous