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

Turkish domestic scrap prices have increased during the week to Monday October 18 in line with rising imported scrap values, market participants said.

Turkish steelmakers have been paying higher prices for deep-sea scrap in recent weeks due to limited supply and firm demand.

Fastmarkets’ daily index for steel scrap HMS 1&2 (80:20 mix) United States origin, cfr Turkey was $489.99 per tonne on Monday October 18, up from $458.57 on October 11....

Published

Cem Turken

October 18, 2021

15:38 GMT

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