- Turkish import scrap prices dip as bookings slow
- US export scrap prices remain largely stable
- Freight costs continue to push up prices in Taiwan and Vietnam
- Indian import prices steady on lackluster sales
Prices for scrap imported into Turkey moved down over the week, with just one cargo booked.
On Monday, a steel mill in northern Turkey booked a Baltic Sea cargo comprising 16,000 tonnes of HMS 1&2 (80:20), 12,500 tonnes of shredded, 2,500 tonnes of bonus and 1,000 tonnes of busheling at an average price of $283 per tonne cfr.
The daily index for steel scrap HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey
ended the week at $271.34 per tonne, down from $276.27 per tonne one week previous.
The daily index for steel scrap HMS 1&2 (80:20), US origin, cfr Turkey was $279.11 per...