20
May
16:02
Slight Turkish scrap buying recovery raises suppliers’ hopes
There was a slight recovery in Turkey’s scrap purchases last week, though the extent of the rebound has left participants underwhelmed, Kallanish notes.
Turkish mills bought Baltic- and US-origin deep-sea cargoes as well as various short-sea cargoes in the first half of the week.
A western Turkish long steel producer bought a Sweden-origin cargo comprising 7,000 tonnes of HMS 1&2 80:20 at $465/tonne, 10,000t of shredded at $485/t and 11,000t of bonus gr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous