30
Nov
08:47
Turkish domestic scrap follows sharp import rises
All Turkish mills have increased their domestic scrap buying prices since last week amid sharp import price hikes, Kallanish notes.
Mills are trying to get the most out of domestic scrap supply, with imported suppliers targeting even higher prices now.
Following the latest Baltic-origin scrap deal at $366/tonne cfr Turkey for HMS 1&2 80:20 and $386/t cfr for bonus grade, a Benelux exporter is heard to have sold HMS 1&2 80:20 at $360/t cfr. A Marmara mill …
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Anonymous
Very good overview of the weekly steel market.
Anonymous