Turkish mill books Venezuela-origin ferrous scrap

  • A Venezuela-origin cargo was booked, comprising 25,000 t of HMS 1&2 (80:20), which was sold at $444/t CFR.
  • The deal was finalised for Oct’21 shipment. Turkey witnessed a sharp rise in imports of ferrous scrap by 24%, y-o-y, to 12.4 mn t in the Jan-Jun’21 period.

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