09
Dec
12:55
Turkish scrap edges up again, $400 on horizon
Both imported and domestic scrap prices have continued to edge up in Turkey on the latest bookings, Kallanish observes.
Scrap prices continue to rise globally. Following the increases seen in the European and US domestic scrap markets recently, offer prices have also jumped further in export destinations. After reaching $370-375/tonne cfr at the weekend, imported HMS 80:20 rose on Wednesday to $385-390/t cfr Turkey on a fresh booking.
US and Baltic suppliers are …
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Anonymous
Very good overview of the weekly steel market.
Anonymous