TURKEY FERROUS SCRAP: Mills raise buy prices amid rising imported scrap values

December 17, 2019 / www.metalbulletin.com / Article Link

Turkish steel producers continued to raise their domestic scrap purchase prices over the past week amid higher imported scrap values, sources said on Monday December 16.

The price of scrap imported into Turkey has risen over the past week due to tightening supply and firm demand.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $296.06 per tonne on Friday December 13, up from $278.98 per tonne on December...

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