Turkey imported scrap prices under pressure in recent deals

  • A Europe-origin deep-sea cargo containing 20,000 t of HMS 1&2 (80:20), 10,000 t of bonus material, and 10,000 t of shredded scrap was booked at an average price of $499/t CFR.
  • The cargo was booked by a steel mill based in the Mediterranean region.
  • The Turkish Lira continues to weaken against the USD, currently trading at TRY 12.7.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *