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24 Sep
16:47

Turkish imported scrap prices collapse on fresh deals

Imported scrap prices in Turkey fell sharply on Friday on fresh bookings concluded from the Baltic. The Baltic-origin supplier, who was offering HMS 1&2 80:20 at $443/tonne cfr on Thursday, has accepted to sell 22,000 tonnes of 80:20 at $434/t and 3,000t of bonus grade at $449/t cfr Turkey. Another Baltic supplier has sold HMS 1&2 80:20 at $433/t cfr. Although there are rumours of a sale from the EU at $430/t cfr for HMS 1&2 80:20, this is yet to be c…
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