03
Jun
16:14
Turkish scrap remains depressed amid bearish sentiment
Scrap prices in Turkey are continuing to fall amid the bearish sentiment prevailing in the market.
In addition to weak steel sales, Turkish mills have been hit by a 40% and 25% increase respectively in industrial natural gas and electricity prices as of 1 June. Electricity prices will also rise each month after the Energy Market Regulatory Authority (EPDK) stated that rates for consumers who consume above TRY 80,000 per month will be billed based on spot market pr…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous