21
Feb
16:11
Turkish scrap softens further, rebar in dire straits
Turkish scrap import prices have weakened again this week with a solitary booking reported from the UK as mills held back from purchases on account of very weak rebar demand, market participants tell Kallanish.
The UK-origin scrap booking was for 5,000 tonnes of HMS 1&2 80:20 at $316/tonne cfr Turkey and 5,000t of shredded at $321/t. This follows a solitary Baltic-origin booking last week at $326/t for HMS 80:20. Baltic offers are now heard at or just below …
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Anonymous
Very good overview of the weekly steel market.
Anonymous