Tag: Imported scrap deals to Turkey

A Europe-origin deep-sea cargo containing HMS 1&2 (80:20) was booked at $487/t CFR Turkey, while bonus material was reportedly sold at $507/t CFR and shredded scrap at $510/t CFR. Prices have fallen by $3-4/t against the closing of last week on lower bids. The Turkish Lira continues to weaken against the USD, currently trading at…