TURKEY LONG STEEL: Domestic prices up on higher scrap costs, better demand

February 12, 2021 / www.metalbulletin.com / Article Link

Turkish domestic rebar and wire rod prices have increased over the past week on a rebound in scrap costs and improving demand, sources said on Thursday February 11.

The producers in the country resumed their deep-sea scrap bookings on Wednesday, dragging prices up by around $10 per tonne.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $396.04 per tonne on February 10, up...

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