30
Jun
14:56
Turkish domestic, import scrap prices remain largely stable
Turkish steelmakers have kept their domestic scrap buying prices stable this week, while imported scrap prices have also followed a steady trend.
After remaining silent last week, some Turkish mills are seen to have started inquiring about imported scrap this week. After booking UK-origin HMS 1&2 80:20 at $496.6/tonne cfr Turkey on Tuesday, the same Marmara mill bought US-origin HMS 80:20 at $497/t and shredded at $512/t cfr on Wednesday, for July shipment.&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous