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28 Jul
15:31

Turkish scrap market questions bottom following fresh deals

Players in the Turkish steel market are seen questioning if scrap prices have dipped following fresh deals. Two fresh deals were heard in the market on Friday. A western mill is confirmed to have booked a Finland-origin cargo at $349.5/tonne for HMS 1&2 80:20 and $369.5/t cfr Turkey for bonus grade. A Marmara mill is confirmed to have booked a Germany-origin cargo comprising 20,000 tonnes of HMS 1&2 80:20 at $346/t and 5,000t of bonus at $366/t cfr. In the…
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