Intel Details

Turkiye: Imported scrap prices shoot up by $15/t in recent deals

Melting Scrap
8 Jul 2022, 18:54 IST
Steel Mint Intel

  • Turkiye's imported scrap offers have increased significantly by $15/t in recently booked bulk cargoes from UK and USA.
  • Around 30,000 t of USA-origin mixed cargo comprising shredded, HMS and bonus, has been booked at an average price of $420/t CFR levels.
  • In another deal, around 24,000 t of UK-origin mixed cargo has been booked at an average price of $410/t, CFR Turkiye. Additionally, two more cargoes are heard to have been booked from USA at $407/t and $408/t CFR respectively.

8 Jul 2022, 18:54 IST
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