SteelMint

Tag: Turkey scrap deals

  • Turkey: Imported scrap prices hit nine-month lows in recent deals

    Turkey: Imported scrap prices hit nine-month lows in recent deals

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    by

    Reena
    in

    The Turkish imported scrap trade gained some pace this week after a pause. Recent deals from the Baltic and US have been concluded but at lower prices. Mills succeeded in achieving heavy discounts from scrap suppliers. However, mills book material as per their requirements. SteelMint’s assessment of US-origin HMS 1&2 (80:20) stands at $440/t CFR levels, moving…