23
Oct
12:34
Turkish domestic scrap prices increase further
Turkish steel mills have further raised their local scrap buying prices this week, Kallanish notes.
While the shortage in short-sea scrap continues, Turkish mills' demand for local scrap has grown stronger. In addition to soaring demand, higher imported scrap and billet prices have also played important roles in the increase in local scrap buying prices. When there is a shortage in short-sea material, local scrap is the closest alternative wit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous