Turkey: Imported scrap prices fall in latest deal

  • A Europe-origin deep-sea cargo containing HMS 1&2 (80:20) was booked at $487/t CFR Turkey, while bonus material was reportedly sold at $507/t CFR and shredded scrap at $510/t CFR.
  • Prices have fallen by $3-4/t against the closing of last week on lower bids.
  • The Turkish Lira continues to weaken against the USD, currently trading at TRY 11.6.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *