Turkish domestic scrap prices continued their decline in the week to Monday February 8 amid weakening imported scrap values, sources told Fastmarkets.
Steel mills in Turkey have slowed their deep-sea scrap purchases in recent weeks to put prices under pressure due to weak rebar and billet demand.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey was $386.21 per tonne on Friday February 5, down from $413.14 per...