Tag: Imported scrap price to Turkey
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Turkey: Imported scrap trade slows after active bookings, further price correction less likely
Turkey’s imported scrap trades have slowed down after active bookings which came into light earlier this week. Turkish buyers have booked nearly four bulk cargoes for Sept’21 shipments towards the closing of last week. SteelMint’s assessment for US-origin HMS 1&2 (80:20) stands at $458/tonne (t) CFR Turkey, down significantly by $5/tonne (t) w-o-w.