14
Nov
13:54
Turkish scrap remains firm despite lacking steel demand
Scrap prices in Turkey continue to climb on the latest deal, although Turkish mills are struggling to sell steel at higher prices.
A western Turkish mill bought a UK-origin cargo at $379/tonne cfr Turkey for HMS 1&2 80:20 and $404/t cfr for shredded and bonus. Besides the higher-priced HMS 1&2 80:20, the wider spread between HMS and shredded, at $25/t, is noteworthy in this deal. The previous deals from the UK were concluded at $372-373/t cfr levels for HM…
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