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12 Feb
14:53

Turkish imported scrap rises sharply on fresh bookings

Turkish imported scrap prices rose sharply on Wednesday as a result of Turkish mills’ acceptance of higher offers. A Turkish mill bought a cargo from a US supplier that consists of 24,000 tonnes of HMS 1&2 80:20 at $268/tonne cfr Turkey, 12,000t of shredded at $273/t and 4,000t of bonus at $278/t. Another mill in northern Turkey bought a cargo from St. Petersburg comprising 17,000t of HMS 80:20 at $273/t, 14,000t shredded at $278/t cfr and 4,000t of bus…
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