Tag: Turkey imported scrap trade
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Turkey: Imported scrap prices rebound to one-month high on active deals
Imported scrap prices into Turkey continued to move northward. Turkish scrap buyers remained active in booking cargoes of the US-, Baltic-, and Benelux- origins last week. SteelMint’s assessment of US-origin HMS 1 & 2 (80:20) is at $470-475/tonne (t) CFR Turkey, moving up significantly by around $5-10/t w-o-w.