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05 Jan
15:05

Turkish domestic scrap up, imports fall on deal

After sharply decreasing their domestic scrap buying prices last week, Turkish mills are seen sharply raising values this week. Although scrap suppliers are targeting higher prices, EU-origin imported scrap prices have decreased on a fresh deal, Kallanish notes. A Turkish long steel mill has concluded a booking from the EU at average $452/tonne cfr Turkey for 23,000 tonnes of HMS 1&2 80:20, 5,000t of HMS 1 and 7,000t of bonus grade. With HMS 1&2 80:20 corr…
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