TURKEY FERROUS SCRAP: Domestic prices depressed by softer lira

April 30, 2019 / www.metalbulletin.com / Article Link

Turkish domestic ship scrap prices have fallen slightly over the past week, while a number of steel mills raised their buy prices for auto bundle scrap due to the continual weakening of the lira against the US dollar, sources said on Monday April 29.

Three steel mills continued to buy ship scrap at $315-320 per tonne delivered, but a fourth mill reduced its buy price to $310 per tonne delivered.So Fastmarkets' weekly price assessment for Turkish domestic melting scrap from shipbreaking was $310-320 per...

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