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30 Jan
15:47

Imported scrap prices continue decreasing in Turkey

Turkish mills’ demand for imported scrap remains weak, but they have concluded some short-sea cargoes at lower prices this week. Short-sea scrap prices, which stood at $265/tonne cfr last week, have decreased sharply below $260/t cfr this week. Short-sea suppliers, except Russia, which had to accept Turkish mills’ bids, have sold HMS 1/2 80:20 at $255-260/t cfr Turkey this week. In the deep-sea market, there was a rumour of a sale of 30,000 tonnes of …
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