25
Jul
15:16
Turkish scrap remains under pressure amid negative sentiment
Turkish imported scrap prices, which have been following a downward trend for a while, continue to remain under pressure amid negative sentiment in the Turkish steel market.
The latest bookings from Scandinavia were concluded at $351/tonne and $352/t cfr Turkey respectively for HMS 1&2 80:20 at the end of last week, while a US-origin cargo was bought by a Marmara mill at $350/t cfr. Most Turkish mills do not find these levels workable anymore and think scrap p…
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