Tag: Turkiye imported scrap deal

Turkiye’s imported scrap offers fell $10-15/t in a recently-booked US bulk cargo, comprising shredded at $393/t and HMS 1&2 (95:5) at $380/t CFR Turkiye. These prices are equivalent to US bulk HMS 1&2 (80:20) at $370-375/t CFR. Weak steel demand in Turkiey and increased bulk offers, particularly from US, last week, impacted prices.