TURKEY FERROUS SCRAP: Prices up as costs rise for imported scrap, local rebar

Turkish domestic scrap prices have continued to increase in line with the rise in the costs of imported deep-sea scrap and domestic finished steel, sources said on Monday February 11.

Fastmarkets’ weekly price assessment for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,660-1,810 ($316-344) per tonne delivered on February 11, rising from TRY1,595-1,690 per tonne last week. The steel mills in the country have increased their buy prices for material over the past week by TRY60-140 per tonne. Long and flat steel producer Çolakoglu increased its buy...

Published

Cem Turken

February 11, 2019

13:35 GMT

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