27
Jan
13:46
Turkish domestic scrap prices decline further
Price decreases continue in the Turkish market for both imported and domestic scrap.
Although Turkish mills' demand for domestic scrap is strong, they have continued decreasing prices due to weaker imported scrap values.
Following the UK-origin scrap deal at $408/tonne cfr Turkey for 9,500 tonnes of HMS 80:20 and $419/t cfr for 14,000t of shredded, Turkish mills' price expectations have fallen further for deep-sea scrap. However, scrap suppliers were seen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous