Ferrous scrap import prices into Turkey have fallen slightly in a deal concluded last week, sources informed SteelMint. Prices have moved down by $5/t, as per reports. A US bulk cargo was booked by an East Marmara steel mill. The cargo comprised 10,000 t of HMS 1/2 (80:20), 25,000 t of shredded scrap as well as 15,000 t of bonus material. While the heavy melting scrap (HMS) was sold at $475/t CFR, the shredded and bonus material fetched $495/t CFR, sources confirmed. The deal was finalised for Aug’21 shipment.
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