TURKEY FERROUS SCRAP: Weaker import values send auto bundle prices down again

Turkish domestic auto bundle scrap prices continued to soften over the past week in line with the falling scrap import values, sources said on Monday March 16.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $272.97 per tonne on Friday March 13, compared with $279.45 per tonne on March 6.

In a response to the downturn in the imported scrap values, some steel mills and a major...


Cem Turken

March 16, 2020

14:30 GMT