TURKEY FERROUS SCRAP: Local prices up on costlier imports

April 15, 2020 / www.metalbulletin.com / Article Link

Turkish domestic ferrous-scrap prices have continued to increase during the week to Monday April 13, in line with rising imported steel-scrap values, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey was 1,515-1,700 lira ($224-252) per tonne on Tuesday April 14, up from 1,380-1,515 lira per tonne last week.

Steel producers and a major scrap yard in Turkey have increased their buy prices for material by 125-220...

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