TURKEY FERROUS SCRAP: Domestic auto bundle prices down on poor demand, ship scrap to follow

Domestic auto bundle (DKP-grade) scrap prices in Turkey have fallen over the past seven days because of the weak finished steel market, sources said on Monday August 19.

A number of steel mills in the country have reduced their buy prices for the material by TRY20-40 ($4-8) per tonne. Fastmarkets’ weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,550-1,770 ($279-318) per tonne on August 19, down from last week’s TRY1,560-1,810...

Published

Cem Turken

August 19, 2019

15:52 GMT

Mugla