06
Oct
15:24
Turkish scrap rises, trend likely to continue
Turkish mills have been forced to increase their domestic scrap buying prices this week, Kallanish notes. This is mainly because of the weakening of the lira and sharp increases seen in imported scrap prices over the last two weeks.
Turkish mills are seen continuing to buy imported scrap at higher prices, meanwhile. Following the US-origin booking at $443/tonne cfr Turkey for HMS 1&2 80:20 last week, a long steel mill has bought a US-origin cargo comprisi…
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