Scrap suppliers bullish in offerings to Pakistan, buyers confused
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Prices in the import HRC market in Vietnam have posted just a slight decline this week.
Having started the week at a good pace in terms of deep sea scrap purchases, Turkish mills have taken a break over the past two days.
Ex-India pellet prices have overcome some early-week nervousness and marginal losses to bounce back, breaching the $200/mt CFR mark.
Today, January 14, Turkish steelmaker Icdas A.S. has cut its rebar price by TRY 245/mt since the beginning of the current week.