DAILY SCRAP REPORT: Turkish import market falls further

Ferrous scrap import prices in Turkey fell further on Friday September 29 when a Europe-origin cargo was heard sold at prices lower than in the most recent deals, sources told Metal Bulletin.

The downward dynamic in the prices for the key steelmaking raw material for the Turkish producers, most of which make metal through the electric-arc furnace (EAF) route, is in parallel with the fall in finished steel product prices.

Turkish domestic and export rebar prices have softened by $16-23 per tonne over the past week, following negative price...


Nadia Popova

September 29, 2017

16:10 GMT