19
Jul
14:51
Turkish scrap stabilises, cheaper rebar sold to UK
Turkish scrap import prices appear to have stabilised this week following four fresh bookings, while rebar export offers have come down further but gained little traction as the market digests the EU tariff announcement.
The scrap bookings comprised two US-origin deals, one from the Baltic and one from the Benelux. The first US deal contained 16,000 tonnes of HMS 1&2 90:10 scrap at $344/t cfr Turkey, 8,000t shredded at $352/t and 5,500t bonus at $357/t for A…
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Anonymous
Very good overview of the weekly steel market.
Anonymous