Turkish domestic scrap prices crash

Turkish domestic scrap prices have gone down sharply in line with global prices, sources said on Monday May 16.


Steel First’s weekly price assessment for domestic auto bundle (DKP grade) scrap was TRY630-700 ($212-235) per tonne delivered on Monday, down from the TRY755-790 ($254-266) per tonne last week. Almost all of the country’s steel producers decreased their buy prices for the material by TRY65-160 ($22-54) per tonne or stopped their purchases altogether, Steel First was...

Published

Cem Turken

May 16, 2016

14:08 GMT

Bursa