Turkey: Imported scrap price drops by $15 in a recent deal
Imported scrap prices in Turkey have decreased by $15/t in a recently concluded deal, credible sources have confirmed to SteelMint. A west Marmara region-based steel mill has booked a bulk cargo. The cargo comprised of HMS(80:20) at $437/t and bonus at $447/t CFR Turkey basis. Mills have lowered bids for scrap purchase on weakening finished steel market sentiments.