21
Oct
14:49
Turkish domestic scrap remains unchanged despite import rebound
Turkish steelmakers have kept their domestic scrap buying prices unchanged for the third consecutive week, despite the slight rebound seen in import prices during this period, Kallanish observes.
Imported HMS 1&2 80:20 prices, which rebounded last week, have stabilised at $286/tonne cfr Turkey in last week's deals. Suppliers, however, have increased offers this week. Baltic and US suppliers are offering HMS 80:20 at above $290/t cfr, while Europe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous