17
Aug
13:49
Turkish domestic scrap prices rise, import activity low
Turkish steelmakers have raised their domestic scrap buying prices since last week due to the increases seen in imported scrap prices, Kallanish notes.
Import prices continued their rise last week, reaching the $400/tonne cfr Turkey threshold (see Kallanish passim).
No fresh imported scrap bookings have been heard so far this week, however. Mills are seen resisting offers at above $400/t cfr and are slowing their scrap purchases amid weak steel sal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous