01
Jul
14:42
Turkish mills increase scrap demand, reduce domestic prices
Turkish steelmakers have decreased their domestic scrap buying prices amid lower imported scrap prices.
Last week Turkish mills booked only a few imported scrap cargoes. This week, however, there has been a slight increase in their imported scrap demand, while some mills have already concluded imported scrap bookings.
The US-origin HMS 1&2 80:20 scrap price has dropped to $256/tonne cfr Turkey in the most-recent deal. The seller, offering HMS …
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Anonymous
Very good overview of the weekly steel market.
Anonymous