- Turkish prices increase amid higher buying interest
- Turkish buying brings signs of recovery in US export market
- Low prices for Japanese scrap sparks interest among buyers in Vietnam and Taiwan
- Indian prices rise on upturn in Turkish market.
Turkish steel producers have made deep-sea scrap purchases for March shipments at higher prices in the past week.
Turkish mills booked six deep-sea cargoes last week
, totaling almost 175,000 tonnes.
Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey
, was $267.05 per tonne on February 14, up by $14.82 per tonne from $252.23 per tonne on February 7.
The corresponding daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, also moved up by $14.82 to $274.82 per tonne on February 14, from $260 per...