TURKEY LONG STEEL EXPORTS: Increasing scrap costs raise prices

Turkish long steel export prices increased sharply on rising imported scrap costs, sources told Fastmarkets on Thursday October 14.

Turkish deep-sea scrap import prices have been increasing in the reported week due to limited supply and firm demand.

The most recent deep-sea scrap import deal was reported on Wednesday, when a steel mill in the Izmir region paid $480 per tonne cfr for 35,000 tonnes of HMS 1&2 (80:20) to a...


Cem Turken

October 14, 2021

14:11 GMT