Tag: Turkish ferrous
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Turkish ferrous scrap prices hit 10-month low following recent US deal
Turkish imported scrap prices have dropped to their lowest level in nearly 10 months, with a recent deal for the US. A steel mill in West Marmara has purchased a bulk cargo of US HMS (80:20) scrap at about $360/t CFR Turkiye. This is close to the Oct’23 low of $361/t CFR. The drop is…