Global scrap prices trended upward during the working week ended Friday November 8, boosted by higher Turkish imported scrap prices.
Turkish import prices up, bookings resume US export prices improve on fresh deals off both coasts Vietnam import prices jump on buyer interest Taiwan import prices inch upward Higher offers raise Indian import prices.TurkeyTurkish imported scrap prices trended upward during the week ended November 8 when its steel producers returned to the deep-sea market after a week-long hiatus.Turkish mills booked five cargoes from Baltic Sea and US suppliers. Four cargoes were traded at $258-260 per tonne cfr for HMS 1&2 (80:20) and one cargo containing HMS 1&2 (90:10) sold at $262 per tonne cfr.The daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, ended the week at $253.40 per tonne on November 8, up from...