Turkiye: Imported scrap prices continue uptrend in recent deals

  • Turkiye’s ferrous scrap prices rose by $6-8/t in recent deals.
  • A Mediterranean-based steel mill booked a bulk cargo for Feb’22 shipment. The cargo comprised 22,000 t of HMS (90:10), and 5,000 t of P&S was booked at $426/t and $441/t CFR respectively.
  • In another deal, a US-origin cargo comprising HMS(80:20) was booked at $417/t and a Baltic-origin cargo (of the same grade) at $413/t.

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