05
Dec
14:11
Turkish scrap remains firm amid skyrocketing freight
Scrap prices in Turkey, which registered sharp rises last week, remain firm, although no fresh bookings have been heard so far this week.
Although there are some mills inquiring about deep-sea scrap, they are struggling to find prices at desired levels as suppliers further increased their price targets this week.
A US-origin offer for HMS 1&2 80:20 stood at $425/tonne cfr Turkey on Tuesday, notably up from the latest booking concluded from this origin last Fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous