17
Mar
12:24
Turkish domestic scrap falls sharply despite continuing demand
Turkish steelmakers have decreased their domestic scrap buying prices since last week due to the further drop seen in imported values. However, demand continues in the domestic market.
Although Turkish mills remain largely out of the import market, a few deals from the Baltic were concluded towards the end of last week. These saw the price of HMS 1&2 80:20 decrease from $453/tonne cfr Turkey to $435-437/t cfr. No fresh deep-sea bookings have been heard si…
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Anonymous
Very good overview of the weekly steel market.
Anonymous