Tag: Turkish mill scrap demand
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US: Ferrous scrap export prices rise by $7/t w-o-w amid strong Turkish mill demand
Tight supply pushed Turkish mills to secure shipments Rising freight and collection costs supported US scrap demand US ferrous scrap export prices rose by $7/tonne (t) w-o-w, as the market gained traction amid tight supply and strong demand from Turkish mills. Market participants reported growing interest from Turkish mills, with prices discussed around $340/t CFR.…