Intel Details

Turkey: Ferrous scrap import price drops in latest US deal

Melting Scrap
17 Aug 2021, 16:01 IST
Steel Mint Intel

  • Ferrous scrap import prices into Turkey have fallen marginally in a fresh deal concluded recently, sources informed SteelMint.
  • Prices have declined by $2-3/t, as per reports.
  • A US bulk cargo was booked by an Aegean region-based steel mill.
  • The cargo comprised 25,000 t of HMS 1/2 (80:20) and sold at $453/t CFR. The deal was finalised for Sept'21 shipment.

17 Aug 2021, 16:01 IST
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