Turkey: Imported scrap prices rise in recent booking

  • Imported scrap prices in Turkey have risen further by $5/t in a deal heard yesterday.
  • A Europe-origin scrap cargo comprising 20,000 t of HMS 1&2 (80:20), 10,000 t of shredded scrap and 10,000 t of bonus material was booked by a steel mill based in the Mediterranean region at an average price of $458/t CFR.
  • The loading has been finalised for the first week of Nov’21.

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