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05 Jul
16:26

Turkish mills lift domestic scrap prices

Turkish domestic scrap prices increased notably in the higher end of the range this week as some mills hiked their buying prices, reflecting the increase in scrap import prices, Kallanish notes. Integrated flat steelmaker Erdemir has raised its domestic auto-bundle (DKP) purchasing price by TRY 55/tonne to TRY 1,045/t ($290/t) on 5 July. Its flats and longs subsidiary Isdemir's buying price has increased by TRY 45/t to TRY 1,005/t on 5 July, following a TRY …
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