Turkish steel mills expected to resume bookings this week
The Turkish imported scrap market is expected to see a revival this week if steel mills in the country can agree on prices with US and European scrap suppliers, market sources said on Monday April 1.
Bursa : The Turkish imported scrap market is expected to see a revival this week if steel mills in the country can agree on prices with US and European scrap suppliers, market sources said on Monday April 1.
US scrap suppliers are still heard to be offering HMS1&2 (80:20) at $405 per tonne cfr, while buyers in Turkey are willing to only pay up to $400 per tonne cfr, a Turkish source said.
Courtesy : metalbulletin.com