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25 Nov
16:10

Turkish mills reduce domestic scrap purchase prices

Turkish steel mills have revised down their purchase prices for domestic scrap as import scrap prices declined, Kallanish notes. Integrated longs maker Kardemir reduced its buying price for domestic auto bundle (DKP) scrap to TRY 610/tonne ($211/t) from 25 November, after raising it by TRY 40/t to TRY 640/t on 10 November. Integrated flats maker Erdemir cut its DKP purchasing price to TRY 550/t on 24 November from TRY 580/t, while its subsidiary Isd…
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