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Turkish market players not confident of steel scrap future

MetalTorg reported that steel scrap price in Turkey grew last week by USD 10 per tonne. The price for HMS1:2(80:20) scrap form European countries is about USD 280 per tonne CFR.

At the same time still scrap market participants are not confident in the market future providing economy crisis and slow steel market.

Dominant price for HMS1:2(80:20) steel scrap from Europe and America is about USD 285 per tonne CFR. This week some rolling mills buy HMS1:2(80:20) steel scrap at USD 315 per tonne including shipment.

Jan 29, 2009 11:39
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