TURKEY FERROUS SCRAP: Mills raise buy prices for local material on higher import costs

Domestic scrap prices in Turkey have increased over the past week, in line with the firmer costs for imported scrap, sources said on Monday January 21.

Fastmarkets’ weekly price assessment for domestic auto bundle (DKP-grade) ferrous scrap was TRY1,450-1,630 ($272-305) per tonne delivered on January 21, widening upward from TRY1,450-1,590 per tonne last week. The change in the assessment came after some steel mills raised their buy prices for material last week by TRY15-40...


Cem Turken

January 21, 2019

17:02 GMT