TURKEY FERROUS SCRAP: Local prices down on falling steel values

December 18, 2018 / www.metalbulletin.com / Article Link

Turkish domestic scrap prices have continued to slip lower in line with the falling finished steel prices over the past week, sources said on Monday December 17.

Fastmarkets MB's weekly price assessment for domestic auto bundle (DKP grade) ferrous scrap was TRY1,490-1,710 ($278-319) per tonne delivered, widening down from TRY1,590-1,710 per tonne on December 10.Several steel mills in the country cut their buy prices for auto bundle scrap by TRY50-100 per tonne in response to...

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