Turks turn to Baltic Sea as US scrap offers rise
Aug 18, 2014 | 04:39 PM
| Sean Davidson
NEW YORK Higher offer prices from U.S. bulk ferrous scrap exporters are meeting resistance from Turkish steel producers, who are instead turning their attention to Baltic Sea suppliers.
Turkeys mills have booked at least 14 cargoes this month, with only two of them originating in the United States and one in Canada.
Scrap availability from the United States is uncertain, market participants said, but added that its likely that mills have booked a few more cargoes that have yet to be announced.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.