19
Feb
13:45
Import uptick lifts Turkish mills' domestic scrap prices
Most Turkish steelmakers have increased their domestic scrap buying prices since last week, in line with the uptrend in imported scrap values, Kallanish notes.
Turkish steel producers have concluded an array of scrap import bookings this week, in which prices are pegged at $279-280/tonne cfr for Baltic- and US-origin HMS 1&2 80:20.
Turkish mill demand for domestic and imported scrap remains strong. However, mills are reported to be unable to source …
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Anonymous
Very good overview of the weekly steel market.
Anonymous