Turkey: Import scrap price declines by $7/t in recent US deal

Import scrap prices in Turkey have moved down by $7/t in a recent deep-sea deal, sources have confirmed to SteelMint. A US-origin bulk cargo containing HMS 1&2 (80:20) as well as shredded scrap was booked by a west Marmara-based steel mill. The heavy melting scrap was sold at $503/t, while the shredded material fetched a price of $513/t, CFR Turkey.