TURKEY FERROUS SCRAP: Local prices down on cheaper imports

February 11, 2020 / www.metalbulletin.com / Article Link

Turkish domestic auto bundle and ship scrap prices have continued to slide over the past week in line with the falling cost of imported scrap, sources said on Monday February 10.

Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was 1,510-1,715 lira ($251-285) per tonne on February 10, down from 1,560-1,800 lira per tonne last week.
The Turkish steel producers resumed their deep-sea scrap purchases as soon as they managed to get lower prices last week.

Fastmarkets' daily index for steel...

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