14
Jan
14:21
Turkish market considers scrap to have peaked
Following numerous recent bookings, Turkish mills are seen to have slowed their imported scrap purchases, having secured sufficient material.
On Friday, only a few deep-sea bookings were heard in the market. A flat and long steel mill in western Turkey bought Venezuela-origin HMS 1&2 95:5 at $473.25/tonne cfr Turkey on 12 January. A long steel mill in the Marmara region bought two cargoes from Sweden and Finland at the same price, $470/t for HMS 1&2 80:20 …
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Anonymous
Very good overview of the weekly steel market.
Anonymous