14
Sep
15:28
Turkish domestic scrap falls further, imports on halt
Turkish steelmakers have further decreased their domestic scrap buying prices since last week amid the sharp price declines seen in the latest scrap bookings, Kallanish notes.
Although imported scrap prices have fallen sharply, sentiment remains bearish, and mill appetite for scrap purchases is low, scrap suppliers now appear to be resisting Turkish mills' target prices. Some suppliers, pointing out the demand in alternative destinations an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous