DAILY SCRAP REPORT: Prices inch up on gains in lira value

October 18, 2018 / www.metalbulletin.com / Article Link

The Turkish deep-sea scrap market remained silent again on Tuesday October 17, but a rise in the value of the Turkish lira and market rumors about changes to US import tariffs helped prices, according to market participants.

The Turkish lira has continued to pick up this week, and was trading at TRY100 to $17.38 on October 17, up from TRY100 to $17.01 on October 15, according to Oanda.com.No deep-sea cargo bookings have been heard this week, but fresh assessments have...

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