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18 Sep
15:34

Imported scrap prices plummet in Turkey

Turkish mills which had begun this week quietly concluded two ex-UK scrap deals yesterday at significantly lower prices than in previous transactions, Kallanish learns.   Both cargoes, consisting of 20,000 tonnes of HMS I/II 80:20, were sold at $228/tonne cfr to two Turkish mills in the Iskenderun region. Previous UK cargoes consisting of HMS I/II 80:20 were sold at $250/t cfr two weeks ago. Yesterday, some European suppliers were in the market o…
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