14
Oct
15:49
Turkish scrap softens amid absent demand
Scrap prices in Turkey have softened on fresh deals due to weak demand from Turkish mills. On the other hand, the slowdown in the Indian market is causing scrap suppliers to knock on Turkish mills’ doors and increase the number of offers to Turkey.
Following two HMS 1&2 80:20 bookings at $363/tonne and $367/t cfr Turkey respectively from the EU last week, a US supplier was offering HMS 1&2 90:10 on Friday at $373/t cfr. Although some European supplie…
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