Turkiye: Imported ferrous scrap prices remain stable in recent deals

Turkish imported ferrous scrap prices witnessed a largely stable trend in recently concluded deals.

  • A US supplier sold HMS (80:20) at $379.5/t and shredded and bonus scrap at $399.5/t CFR to a Mediterranean region-based mill.
  • A Northern European supplier sold a bulk cargo comprising HMS(80:20) at $372/t CFR Turkiye.
  • A UK-origin supplier sold a bulk vessel to an Aegean region-based mill comprising HMS (80:20) at $373/t CFR Turkiye for early Jun’24 shipment.