TURKEY FERROUS SCRAP: Rising import scrap costs keep pushing domestic prices upward

Turkish domestic auto bundle scrap prices have increased again over the past week, in line with rises in imported scrap values, sources said on Monday November 4.

Fastmarkets’ weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,400-1,555 ($243-269) per tonne on Monday, narrowing upward from TRY1,385-1,555 per tonne last week. Four steel mills have raised their buy prices for the material by TRY5-15 per tonne since last...

Published

Serife Durmus

November 04, 2019

15:07 GMT

Bursa