- Turkish steel mills slow pace of buying but prices hold steady
- US prices steady on pause in export activity
- Indian market dips on buying jitters
- Prices unchanged in Vietnam
- Taiwan prices up on solid rebar demand.
Turkey
Turkish steel mills
slowed their deep-sea purchasing of scrap this week, which kept prices steady across the four confirmed cargoes traded over the period.
The daily index for
steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, ended the week at $257.47 per tonne on November 22, compared with $257.92 per tonne on November 18.
The daily index for
steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $264.24 per tonne on Friday, from $264.70 per tonne on Monday.
United States
Prices for US export scrap have remained stable in the minimal trading activity that has taken place.
Cargo...
