Turkey: Ferrous scrap import prices fall marginally in latest deal

  • Ferrous scrap import prices into Turkey have fallen marginally by $2-3/t in a recent deal for Dec’21 shipment.
  • 20,000 t of Russian-origin HMS 1&2 (80:20) was booked at $497/t CFR, while 10,000 t of bonus material was booked at $517/t CFR.
  • A Baltic-origin cargo containing 8,000-10,000 t of HMS 1&2 (80:20) was booked at $500/t CFR.
  • 20,000 t of shredded scrap was booked at $520/t CFR.

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