Ex-US scrap sharply up in Turkey

Friday, 29 November 2019 22:21:07 (GMT+3)   |   Istanbul

An ex-US scrap cargo has finally been booked in Turkey after a long break. According to market sources, a Marmara region-based mill has booked HMS I/II 80:20 scrap at $272/mt CFR and shredded at $277/mt CFR, for shipment in the first half of January and with the total tonnage amounting to 40,000 mt. As a result, the benchmark price from the United States for HMS I/II 80:20 has added $12/mt since the previous transaction.

AnnaVoloshenko
Anna Voloshenko
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Having now over 14 years of experience in steel market analyses and price reporting, joined SteelOrbis in 2019 to head and manage the market intelligence department. Currently overlooking the price developments in the steel sectors of Turkey, MENA region, Europe and partly the CIS. The markets of flats, longs, steel slab and billet are among the current key responsibilities. I have a bachelor’s degree from Ukraine’s Dnipro National University, a master’s degree in the international trade and finance.

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