Import scrap prices in Turkey have continued to grow, and - along with an expected rise in semi-finished and long steel prices in China after the Lunar New Year holidays - was the main factor for the optimistic mood of CIS suppliers.
Fastmarkets’ daily index for
steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $413.63 per tonne on Thursday February 18, up by $9.32 per tonne from Wednesday.
And the daily index for steel scrap, HMS 1&2 (80:20 mix), United States origin, cfr Turkey was $418 per tonne on the same day, up by $9.31 per tonne.
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