TURKEY FERROUS SCRAP: Auto bundle scrap prices down on cheaper import costs

October 01, 2019 / www.metalbulletin.com / Article Link

Turkish domestic auto bundle scrap prices have gone down over the past week amid further softening of imported scrap values, but ship scrap prices were largely stable, sources said on Monday September 30.

Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,300-1,430 ($228-251) per tonne on Monday, down from last week's TRY1,340-1,450 per tonne.A number of steel mills have reduced their buy prices for the material by TRY15-60 per tonne over the past seven...

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