25
Aug
15:28
Turkish domestic scrap prices struggle to recover
Some Turkish mills have further decreased their domestic scrap buying prices since last week, due to the bearish sentiment arising from the sharp iron ore price drop and continuing decrease in scrap prices, Kallanish notes.
Imported scrap prices are yet to strengthen. On Wednesday, a Turkish mill in the south is heard to have bought an EU-origin scrap cargo comprising 22,500 tonnes of HMS 1&2 80:20 and 12,500t of bonus grade at $450/tonne cfr Turkey, for …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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