TURKEY DOMESTIC STEEL SCRAP: Rising import costs push up domestic prices

Turkish domestic scrap prices have gone up over the past week because of increasing imported scrap values, market sources said on Monday March 1.

Prices for steel scrap imported into Turkey continued to rise after mills in the country booked a number of cargoes from Europe, the United States and the Baltic Sea region in the past week, supported by growing demand and rising prices for rebar and billet.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix),...

Published

Cem Turken

March 01, 2021

16:08 GMT

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