04
Jul
16:25
Turkish scrap rises further, rebar mills raise quotes
Turkish deep-sea scrap import prices have increased progressively throughout the week to within touching distance of $300/tonne, but rebar mills have so far not been able to pass on the increased costs.
At the beginning of the week a UK supplier sold 22,000 tonnes of HMS 1&2 80:20 at $297.5/t cfr Turkey and 10,000t bonus at $307.5/t. A Baltic merchant simultaneously concluded for 29,000t of HMS 80:20 at $297.5/t and 6,000t bonus at $307.5/t. In mid-week a US…
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