07
Apr
13:46
Turkish domestic scrap rises, imported scrap fluctuates
Turkish mills' domestic scrap buying prices are on an upward trend, while imported scrap prices are highly volatile.
Imported scrap prices, which decreased following a Baltic-origin scrap deal at $430/tonne cfr Turkey for HMS 1&2 95:5 on Tuesday, increased once again on Wednesday on fresh deals.
A rebar mill in northern Turkey has bought a scrap cargo from a US supplier at average $439/t cfr for 13,000 tonnes of HMS 1&2 80:20, 15,000t of shredde…
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Anonymous
Very good overview of the weekly steel market.
Anonymous