16
Aug
15:28
Turkish scrap market calms amid weak steel sales
The Turkish scrap market has had a quiet start to the week following numerous sales last week, Kallanish notes.
Turkish mills accelerated scrap purchases towards the end of last week, with prices seen to have followed diverging trends. One UK-origin supplier is confirmed to have sold HMS 1&2 80:20 at $387/tonne cfr Turkey for second-half-of-September shipment. However, another supplier from the same region is heard to have sold the same grade at $402/t cfr for…
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Anonymous
Very good overview of the weekly steel market.
Anonymous