Tag: steel demand surge

Turkiye: Imported ferrous scrap prices spurt on rising steel demand

Dec 13, 2024

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by

Adarsh Ramteke

in Melting Scrap

Turkish mills are buying imported scrap at higher prices on anticipated surge in steel demand. Two West Marmara mills booked an EU-origin bulk cargo at $342-345/t for HMS (80:20). A mill in the Aegean region secured two bulk HMS (80:20) cargoes, one from the Baltic region and another from Sweden, at $347/t. Another mill from…