TURKEY FERROUS SCRAP: Local prices poised to rise soon amid tightening supply

The Turkish domestic scrap market was stable over the past week but prices are expected to increase soon due to tightening supply, sources said on Monday April 6.

Fastmarkets’ weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was 1,380-1,515 lira ($206-226) per tonne on Monday, unchanged week on week. Long and flat steelmaker Çolakoglu maintained its buy price at 1,515 lira per tonne delivered,...


Cem Turken

April 06, 2020

15:13 GMT