10
Aug
13:08
Turkish domestic scrap follows import price rise
Most Turkish mills are increasing their domestic scrap buying prices this week due to the sharp rises seen in imported scrap values, Kallanish notes.
Turkish steel producers are seen resisting import offers, which have reached and even exceeded $400/tonne cfr Turkey, due to insufficient rebar sales, while the situation in hot rolled coil sales is even worse. A single imported scrap booking was heard on Wednesday following the US-origin deal at $394/t cfr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous