Turkey: Imported scrap prices rise further in a recent deal

  • Imported scrap prices into Turkey have risen by $10/t d-o-d.
  • Aegean and Mediterranean region-based steel mills booked Western Europe-origin cargo comprising 9,000 t HMS (80:20) at $640/t and 5,000 t shredded material at $665/t CFR Turkey.
  • In another deal, Europe-origin cargo material was booked at $653/t, on CFR basis by a Mediterranean region-based steel mill.

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