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17 Nov

Turkish scrap continues uptick on bookings, peak debated

Imported scrap prices in Turkey continued to increase on fresh bookings heard on Friday. A western Turkish long and flat steel mill bought a US-origin cargo comprising HMS 1&2 80:20 at $383/tonne and shredded and bonus at $403/t cfr Turkey. Another mill in the west bought Baltic-origin HMS 1&2 80:20 at $380/t cfr. In the short-sea market, meanwhile, Romania-origin scrap, which was sold at $359/t the previous week, increased to $370/t cfr on the latest dea…
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Burcak Alpman  |  Turkey
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