Significant decline in Turkish import scrap market following ex-US deal

Thursday, 15 January 2015 11:48:32 (GMT+3)   |   Istanbul
       

According to market sources, offer prices in the Turkish import scrap market have declined by $5-6/mt compared to the previous week in line with the latest deal concluded from the US. The deal in question has been concluded at $320/mt CFR for 25,000 mt of shredded scrap, 12,000 mt of bonus P&S scrap and 5,000 mt of HMS I/II 80:20 scrap.

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