TURKEY DOMESTIC STEEL SCRAP: Prices down with falling import values

February 02, 2021 / www.metalbulletin.com / Article Link

Turkish domestic scrap prices continued to decrease over the past week due to falling imported scrap values, market sources said on Monday February 1.

Domestic steel mills reduced their buy prices for both domestic auto bundle scrap and ship scrap in response to the downturn in imported scrap costs, sources said.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey was $413.14 per tonne on Friday January 29, down from...

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