17
Jun
16:16
Turkish scrap price uptrend seen coming to end
Most Turkish steelmakers have further increased their domestic scrap buying prices since last week amid higher imported scrap prices. The rate of increase has, however, slowed significantly compared to last week, pointing to a possible stabilisation of prices soon.
Last week Turkish mills continued booking numerous imported scrap cargoes. This week, however, there has been a marked decrease in their imported scrap demand.
The US-origin HMS 1&2 80:20 scr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous