Intel Details

Turkey: Imported scrap price drops by $15 in a recent deal

Melting Scrap
12 Mar 2021, 19:06 IST
Steel Mint Intel

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.

12 Mar 2021, 19:06 IST
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