TURKEY DOMESTIC STEEL SCRAP: Prices rebound with higher import costs

February 16, 2021 / www.metalbulletin.com / Article Link

Turkish domestic scrap prices have rebounded in the past week thanks to the upturn in imported scrap values, market sources said on Monday February 15.

The producers in the country resumed their deep-sea scrap bookings on Wednesday last week, dragging prices up by more than $22 per tonne week on week by Friday.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $408.69 per tonne on February 12,...

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