Tag: Turkey Imported Scrap Prices
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Turkey: Imported scrap prices set to rise further on strong billets demand
Turkish deep-sea imported scrap prices rose abruptly to cross the $500/tonne (t) CFR mark. Steel mills continued to increase prices following recent changes in the Chinese tax policy and increase in long steel and billets demand. In a recent deal, a Europe-origin bulk scrap cargo was booked by a Mediterranean region-based steel maker. The cargo…