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24 May

Turkish scrap stabilises below $380

Scrap prices in Turkey have stabilised on the latest deals heard on Friday. Although it was targeting higher values, at around $385/tonne cfr Turkey, a Denmark-origin supplier sold HMS 1&2 80:20 at $379/t cfr and bonus grade at $399/t cfr. A UK-origin supplier sold HMS 1&2 80:20 at $373.5/t and shredded and bonus grade at $398.5/t cfr. Some European suppliers sought $375-377/t cfr levels for HMS 1&2 80:20 on Friday. However, Turkish mills showed no in…
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