29
Aug
10:52
Asian bulk HMS remains largely unaffected by Turkey
Bulk scrap prices remain relatively unscathed in East Asia despite the large drop in Turkish scrap prices two weeks ago, Kallanish notes.
Several Singapore-based trading sources heard an Australian bulk cargo was also booked at $340/tonne cfr Indonesia. While they were not able to confirm the deal with potential buyers, an Indonesian mill has told a local trader that it received the offer but decided not to counter. The mill thinks that the market is t…
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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