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11 Nov
14:13

Imported scrap price increase gains momentum in Turkey

The uptrend in Turkish imported scrap prices has gained further momentum on fresh bookings, Kallanish observes. A Turkish mill bought two cargoes at higher prices on Tuesday. The first cargo, to be shipped from the US in December, contains 13,000 tonnes of HMS 80:20 at $305/tonne, 14,000t of shredded at $310/t and 3,000t of P&S at $315/t cfr Turkey. The other, Baltic-origin cargo comprises HMS 80:20 at $305/t and bonus grade at $315/t cfr, for December shipmen…
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