September price rise in Turkey unlikely to influence trading activity

摘要

By August 20, export prices for A3 steel scrap dropped by 3?4% from late July. Turkish mills will attempt to raise prices for finished products in Sep? tember, relying on stronger demand in autumn, Metal Expert estimates. However, the rise will barely be higher than $5/t. As a result, scrap sup? pliers will be counting on higher prices for the material as well. Metal Expect forecasts the price trend in the segment for steel products to reverse downwards in October. The downtrend will continue into No? vember. Against the backdrop, Turkish mills will be pressing for lower scrap prices.