Imported scrap prices in Turkey have moved up significantly by $15 against SteelMint’s last assessment on 06 May’21. A Baltic origin bulk scrap cargo has been booked to the West Marmara region-based steel mill. The cargo comprised of HMS 1&2 (80:20) at $488/t, shredded, and bonus at $498/t CFR Turkey levels. The prices have hit a over 10-year high as similar price levels were seen in Feb’11.
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