TURKEY LONG STEEL: Scrap costs downturn cools domestic price

May 28, 2021 / www.metalbulletin.com / Article Link

Domestic long steel prices in Turkey fell for the first time since mid-April due to weakening scrap import values, market sources said on Thursday May 27.

Turkish steel producers resumed their deep-sea scrap bookings after a brief period using US-origin cargo at a lower price.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey was $508.22 per tonne on May 26, down...

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