TURKEY FERROUS SCRAP: Weak lira raises ship scrap prices, auto bundle rolls along

May 08, 2019 / www.metalbulletin.com / Article Link

Turkish domestic ship scrap prices went down in line with the weakening of the country's lira during the week ended May 6, while auto bundle scrap prices remained largely stable, sources said on Tuesday May 7.

Three steel mills lowered their buy prices for ship scrap to $305 per tonne delivered, while a fourth mill kept its buy price flat at $310 per tonne delivered.As a result, Fastmarkets' weekly price assessment for Turkish domestic melting scrap from shipbreaking...

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