Tag: Turkey imported scrap
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Turkey: Absence of steel mills in scrap market weakens sentiments
This week, Turkish steel mills kept themselves away from deep-sea scrap market. Nevertheless, suppliers are still hesitant on a sharp decline in imported scrap offers considering tighter availability. SteelMint’s assessment for USA origin HMS 1&2 (80:20) stands a $298/t CFR Turkey, slightly down by $3/t w-o-w. Before this, SteelMint has reported last Turkish deal, in which…