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15 Dec
14:17

Turkish scrap prices continue rising on fresh deals

Imported scrap prices continued to rise in Turkey on fresh EU-origin scrap bookings. While there remains a lack of US-origin scrap cargoes, Turkish mills are seen concluding bookings with European suppliers. A few EU-origin scrap bookings have been concluded this week at $421-422/tonne cfr Turkey for HMS 80:20. The same grade from the same origin was sold at below $400/t cfr only a few days ago. Dock prices in the Benelux also recorded a sharp increase on Monday …
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