Ex-EU scrap price for Turkey increases in fresh booking

Friday, 29 November 2019 16:30:59 (GMT+3)   |   Istanbul
       

A Turkish steel producer, based in the Marmara region, has recently booked a cargo from the EU to be shipped in December from Amsterdam. The lot includes HMS I/II 75:25 at $263/mt CFR and bonus grade at $278/mt CFR level. With this sale, the estimated HMS I/II 80:20 price is at $268/mt CFR, up $4/mt higher from the price in the deal previously reported from Belgium, SteelOrbis understands. Sources expect that in the coming days ex-US scrap may be booked at $270-272/mt CFR.


Similar articles

Import scrap prices in Bangladesh mainly stable but downward bias in some containerized offers

03 May | Scrap & Raw Materials

US scrap still likely sideways for May

02 May | Scrap & Raw Materials

Import scrap prices largely stable in Pakistan, but bids keep falling amid slow trade

02 May | Scrap & Raw Materials

Import scrap prices in India down slightly as mills moderate buying

02 May | Scrap & Raw Materials

Turkish scrap imports up 7.8 percent in January-March

02 May | Steel News

Raw Material Suppliers at IREPAS: General market mood hopeful for improvement

30 Apr | Steel News

Somanath Tripathy at IREPAS: India’s total scrap consumption to increase to 35.6 million mt in 2024

29 Apr | Steel News

Kazakhstan’s ban on scrap exports to remain in place

29 Apr | Steel News

Mexican domestic scrap prices - week 17, 2024

26 Apr | Scrap & Raw Materials

Turkey’s domestic scrap prices remain stable

26 Apr | Scrap & Raw Materials