Tag: turkey scrap deal
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Turkish deep-sea scrap import prices range-bound in latest deal
A Baltic-origin cargo containing HMS 1&2 (80:20) was booked at $495/t CFR Turkey, while bonus material fetched $520/t CFR. The cargo was booked by a steel mill in the East Marmara region. Turkey’s scrap import prices have corrected by $2-3/t this week on declining bids and limited sales of Baltic-origin material. The Turkish Lira continues…