TURKEY FERROUS SCRAP: Rising imported scrap costs push up Turkish local scrap prices

Turkish domestic auto bundle and ship scrap prices have continued to rise in line with increasing imported scrap and domestic rebar prices, sources said on Monday December 4.

Metal Bulletin’s weekly price assessment for domestic auto bundle scrap in Turkey was TRY1,190-1,345 ($304-343) per tonne delivered, up from last week’s TRY1,105-1,270 per tonne. Almost all of the steel mills in the country have raised their buy prices for the material by TRY40-195 per tonne over the past week. Alloy steel producer Asil Çelik raised its...

Published

Cem Turken

December 04, 2017

14:12 GMT

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