Cebitas enters deepsea scrap market after absence

摘要

Turkish rebar mill Cebitas, which has not made any large-scale procurements for several months, booked 43,000 mt of deepsea scrap from two global suppliers last week, indicating that it has received some orders for its finished goods, market participants told Platts SBB this week. A UK-origin cargo of 25,000 mt of scrap and a Puerto Rico-origin cargo were booked last week to satisfy what market participants consider likely to be domestic sales of rebar at the 750,000 mt/ year capacity plant.