Tag: Turkiye: Imported ferrous scrap prices spurt on rising steel demand

Turkish mills are buying imported scrap at higher prices on anticipated surge in steel demand. Two West Marmara mills booked an EU-origin bulk cargo at $342-345/t for HMS (80:20). A mill in the Aegean region secured two bulk HMS (80:20) cargoes, one from the Baltic region and another from Sweden, at $347/t. Another mill from…