Turkey: Steel mills continuing booking deep-sea scrap cargoes

  • Turkish steel mills continued bookings of deep-sea scrap cargoes this week.
  • A USA-origin cargo containing 20,000 t of HMS 1&2 (90:10) and 10,000 t of shredded material was booked at an average price of $513/t CFR.
    The cargo was booked by a steel mill based in the West Marmara region.
  • Turkey’s scrap imports rose by 4%, y-o-y, to 1.96 mn t in Aug’21.

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