TURKEY FERROUS SCRAP: Domestic auto bundle prices down on poor demand, ship scrap to follow

August 20, 2019 / www.metalbulletin.com / Article Link

Domestic auto bundle (DKP-grade) scrap prices in Turkey have fallen over the past seven days because of the weak finished steel market, sources said on Monday August 19.

A number of steel mills in the country have reduced their buy prices for the material by TRY20-40 ($4-8) per tonne.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,550-1,770 ($279-318) per tonne on August 19, down from last week's TRY1,560-1,810...

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