DAILY SCRAP REPORT: Turkish import prices rise further in line with strong rebar demand

By Cem Turken / February 27, 2018 / www.metalbulletin.com / Article Link

Turkish scrap import prices continued to climb on Tuesday February 27 with news of another Baltic Sea cargo sold at the end of last week.

Market participants, however, expected prices to go up even further, while suppliers have already increased their offers, Metal Bulletin was told.A steel mill in the Izmir region booked the Baltic Sea cargo late on February 23, comprising 28,000 tonnes of HMS 1&2 (80:20) at $362 per tonne and 7,000 tonnes of bonus at $372 per tonne cfr.Some sources believed that the cargo was sold this...

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