Tag: Turkish imported ferrous scrap prices continue downtrend in recent deal

A bulk cargo from Northern Europe, including 22,000 t of HMS (80:20) and 3,000t of bonus, was sold at $406/t and $431/t CFR Turkiye for late March shipment. As per sources, US scrap price indications remain high towards the middle of the week. Expectations point to a $15-20/t decrease in HMS/shredded prices in March compared…