Short sea scrap prices for Turkey also move upwards

Thursday, 04 July 2019 18:02:17 (GMT+3)   |   Istanbul

While import scrap prices in Turkey are moving on an upward trend, short sea scrap offers to Turkey have increased to $285-300/mt CFR this week, following the deal concluded in the last day of last week at $282/mt CFR. Meanwhile, it is heard that a Turkish steel producer has concluded a deal for ex-Romania HMS I/II 80:20 scrap at $287/mt CFR. According to market sources, Turkish mills are currently in negotiations to buy ex-Russia HMS I/II 80:20 scrap, which is at price levels of $297-298/mt CFR.

 

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