Turkey imported scrap price

Turkey: Imported scrap prices remain largely stable in recent deals

  • Turkey’s scrap import market witnessed a few deals recently after remaining quiet in the earlier week.
  • A Benelux-origin scrap cargo comprising 20,000 t HMS 1&2 (80:20) and 10,000 t shredded and bonus was booked by a steel mill based in the West Marmara region at an average price of $471/t CFR Turkey.
  • Turkey’s ferrous scrap imports stood at 22 mnt in Jan-Nov’21 compared to 20 mnt in the same period in 2020.

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