12
Nov
14:53
Turkish scrap remains firm on fresh US deal
The Turkish scrap market ended the week with very limited activity, though this was not expected by market participants due to Turkish mills' ongoing needs for December shipment scrap purchases.
Following Baltic-origin bookings at $497/tonne and $500/t cfr for HMS 1&2 80:20 earlier this week, a US supplier is confirmed to have sold a cargo to a western mill on Thursday. The cargo comprises 14,000 tonnes of HMS 1&2 80:20 at $500/t and 30,000t of shredde…
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Anonymous
Very good overview of the weekly steel market.
Anonymous