18
Jul
16:38
Turkish scrap trade remains sluggish, rebar sold cheaper
Turkey’s deep-sea scrap import market has registered two deals so far this week, as mills and scrap merchants remained at an impasse over differing price expectations, market participants tell Kallanish.
The first of the two Baltic-origin deals was for August shipment of 5,000 tonnes of HMS 1&2 80:20 at $294/tonne cfr Turkey, 25,000t shredded at $299/t and 4,000t of bonus at $304/t. The second was for HMS 80:20 at $295/t, shredded at $300/t and bonus a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous