BO Types Filter
11.11.2024
Hot Selling 26 Gauge G350 G550 Dx51d Z100 Gi Coil Zinc Coating Galvanized Prepainted Hot Dipped Galvanized Steel Coil
08.11.2024
DaAn Quick Shipping Q235B/Q355B Hot Rolled H-Shape Steel Components ASTM Standard Steel Columns Construction
08.11.2024
Chinese manufacturing industry trend strip steel 2mm galvanized 40x5 galvanized narrow strip steel flat steel
08.11.2024
Concrete Casting Embedded Galvanized High Quality Post Tensioning Metal Corrugated
08.11.2024
ASTM High Corrosion Resistance SS Rod 316L 304L 321 2205 Rectangle Stainless Steel Square Bar
08.11.2024
Angel Bar Hot Rolled carbon Steel 50*50*5 Q235 Q345C St235jr grade angle iron ASTM Equal and Unequal Angle Steel
08.11.2024
High quality C75200 C7521 BZn18-18 Nickle silver bar zinc copper rod
07.11.2024
Tp 310 310s 321 304 304L 316 316L 201 Sanitary Round SS Seamless Stainless Steel Pipe Tube
06.11.2024
Galvanized Steel Sheet 12202440 MM Galvanized Steel Plate Galvanized Sheet Steel Gl Plate Hot Sale
05.11.2024
ASTM A36 SS400 Q235B Q355B ST37 S235JR S355JR Steal Wear Sheet carbon steel plate
Non Ferrous
- Turkey -

Turkish Scrap Prices Stabilize as Demand Calms

According to the latest reports, after a flurry of deep-sea scrap cargo bookings by Turkish mills throughout last week, their demand cooled down on Friday, although two mills were still in negotiations.

The latest confirmed bookings for HMS 1&2 80:20 scrap were at $380.5/tonne CFR Turkey from the EU and $385.5/t CFR from the Baltic region, as previously reported by Kallanish.

On Friday, another Baltic-origin booking from Denmark was heard to have been concluded by a mill in the Marmara region at $385.5/t CFR.This suggests that Turkish scrap prices have stabilized after the recent volatility, as mills appear to have slowed down their purchasing activity. The calming of demand has likely contributed to this stabilization in prices.

While two mills were still negotiating scrap deals on Friday, the overall trend points to a more balanced market, with supply and demand aligning more closely. This could provide some relief to Turkish steelmakers who have been grappling with high raw material costs in recent months.

The stabilization in Turkish scrap prices, if sustained, could have a positive impact on the profitability and competitiveness of the country's steel industry in the near term.

Weak Demand for Graphite Fines Leads to Supply Tightening of Large Flake Graphite in China

Kazakhstan Extends Scrap Export Ban for Six More Months

Hadeed Raises Rebar Prices Amid Scrap Market Pressures

Global Nickel Premiums Steady as LME Prices Hit Lowest Point Since September

Canada Implements 25% Surtax on Chinese Steel and Aluminum Products

Asian Steel and Scrap Prices Expected to Rise in Q4 2024 Amid Economic Stimulus and Demand Growth

ASEAN Billet Prices Decline Amid Falling Chinese Market

Nucor Reduces Hot Rolled Coil Prices for First Time in 15 Weeks

Pakistan's Scrap Demand Remains Weak Amid Stable Prices

ASEAN Billet Importers Face Price Hikes Amid Supplier Demands

Oman and UAE Billet Suppliers Face Resistance to Price Hikes

Korea Initiates Anti-Dumping Investigation on Chinese Steel Plates

Vietnamese HRC Market Awaits China's Return

Taiwanese Container Scrap Market Bottoms Out