26
Sep
15:50
Benelux scrap reverses on Asia demand, Turkish rebar
After following a downtrend for most of September, scrap prices recovered last week due to the finished steel price rise in Turkey and demand for bulk cargoes in Asia.
Dock prices in the Benelux were at €300-315/tonne ($288-303) delivered on Monday, up from €275-290/t on Monday last week.
The Turkish steel demand rebound, however, did not last long after Turkish mills increased their rebar prices sharply last week. The new prices have failed to find acc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous