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30 Jul
14:58

Turkish scrap prices continue fall on fresh deals

Scrap prices in Turkey have continued their downward trend, with supply of the material still outpacing demand in the market, Kallanish notes. A few fresh bookings were heard on Friday. A Marmara mill is heard to have bought EU-origin HMS 1&2 80:20 at $460/tonne cfr Turkey. The supplier was offering this grade at $465/t cfr since the beginning of the week. Another mill in the south is heard to have bought a cargo from the Baltic comprising HMS 1&…
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