Turkey: Deep-sea scrap imports remain limited

  • The Turkish deep-sea scrap import market has remained less active, w-o-w, with mills holding back bookings on bearish market sentiments and a sharp depreciation in the Turkish Lira.
  • A USA-origin cargo containing HMS 1&2 (80:20) was booked at $492/t CFR Turkey.
  • The Turkish currency hit an all-time low of 13.3 against the USD yesterday.

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