14
Jun
16:53
Turkish scrap rises further, rebar up despite inactivity
Turkey’s scrap market has had a quiet week in the run-up to the Bayram holiday which started on Thursday, although a North American-origin cargo was heard booked at higher prices. Turkish mills raised rebar export offers, but demand remained thin, market participants tell Kallanish.
The North American cargo had 20,000 tonnes of P&S scrap, 15,000t of shredded and 15,000t of HMS 1&2 90/10 at an average price of $367/tonne cfr Turkey. It is difficult …
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Anonymous
Very good overview of the weekly steel market.
Anonymous