TURKEY DOMESTIC STEEL SCRAP: Auto bundle prices up on costlier imports; ship scrap down on weaker lira

August 05, 2020 / www.metalbulletin.com / Article Link

Turkish domestic auto bundle scrap prices continued to rise over the past week amid increasing imported scrap costs, while the ship scrap prices inched down amid a weaker lira, sources said on Tuesday August 4.

Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey was 1,720-2,045 lira ($247-294) per tonne on Tuesday, up from last week's 1,720-1,975 lira per tonne.

Some steel mills have increased their buy prices for domestic...

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