TURKEY FERROUS SCRAP: Poor demand, falling finished steel values send domestic prices down

Turkish domestic scrap prices have continued to weaken over the past week due to limited demand and falling finished steel values, sources said on Monday November 26.

Fastmarkets’ weekly price assessment for domestic auto bundle (DKP grade) ferrous scrap was TRY1,650-1,850 ($313-351) per tonne delivered on Monday, narrowing downward from TRY1,650-1,940 per tonne on November 19. Long steel producers IDÇ and Habas reduced their buying prices...

Published

Cem Turken

November 26, 2018

15:30 GMT

Mugla