Tag Archives: scrap market
Turkish import scrap market has made a significantly quiet start to the last week of the year. Market sources state that scrap suppliers have taken time off to celebrate Christmas and with scrap collection activities slowing down, scrap flow to the yards have come to a halt. Turkish producers’ stocks were on the low side […]
TURKEY Turkish steel mills started 2011 on a hesitant note, retreating from the scrap market before entirely satisfying their scrap needs.
The biggest news in the international scrap market involved the mid-winter Australian floods that devastated the country’s coal industry and also severely affected iron ore mining. With reduced supplies flowing into the global marketplace, integrated steelmakers are expected to compensate with an increased focus on scrap, which would spike worldwide demand and, most likely, prices […]