Scrap prices also increased during the week, with new deals reported
Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey
, was $252.31 per tonne on May 22, rising from $244.37 per tonne on May 15.
Fastmarkets’ weekly price assessment for steel hot-rolled coil, export, fob main port Turkey
, was $415-420 per tonne on May 22, rising from $390-400 per tonne on May 15.
Demand was weak in the export markets and no major deals were heard.
Europe, which is one of the main export...