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30 Apr
16:06

Scrap price rise accelerates in Turkey

The rise in imported scrap prices in Turkey has accelerated on a fresh EU-origin scrap booking. This is mostly due to stronger market conditions and more bullish sentiment following China’s export tax rebate adjustment last Wednesday, Kallanish notes. A Turkish mill in the south has bought an EU-origin cargo consisting of 20,000 tonnes of HMS 1&2 80:20, 8,000t of shredded, 10,000t of bonus and 2,000t of busheling for second-half-of-June shipment at …
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