07
Nov
10:15
Turkish scrap/rebar spread narrows, protectionism intensifies: Irepas
The spread between Turkish scrap import and rebar export prices has narrowed to its lowest level since August 2017. This is down $55/tonne from its peak in August 2018, according to the International Rebar Exporters and Producers Association (Irepas). Despite the trade war, the global long steel industry – bar Turkey and the Middle East and North Africa – is in its best shape since early 2008.
Scrap prices remain firm, thereby keeping steel pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous