Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
Home / Metal News / Nickel / Turkish HMS 1/2 80:20 scrap import prices remain flat at $371 a ton in the week ended June 27
Turkish HMS 1/2 80:20 scrap import prices remain flat at $371 a ton in the week ended June 27
Jun 30,2014 12:59
CSTindustry news
Source:SMM
Turkish HMS 1/2 80:20 scrap import prices (CFR Iskenderun Port, Turkey) remained flat week-on-week at $371 a ton in the week ended June 27th this year.
TURKEY June 30 2014 9:35 AM
ANKARA (Scrap Register): Turkish HMS 1/2 80:20 scrap import prices (CFR Iskenderun Port, Turkey) remained flat week-on-week at $371 a ton in the week ended June 27th this year, as per the latest figures released by the The Steel Index.
The Turkish market saw American scrap exporters finally re-enter, but it created no ripples-transaction levels were lower than targeted, but not to a surprising degree.
Higher prices from the US were largely counterbalanced by transactions at lower prices from other origins; week-on-week, TSI’s index for imports of HMS #1&2 80:20 is flat at $370 a ton.
TSI’s daily price fell from $371/t early in the week to $370 a ton on Wednesday, but ended the week back at $371 a ton with some Friday sales exceeding that level after normalizing to Iskenderun port.
Turkish steel mill exports face stiff competition from increasingly lower-cost Chinese BOF mills (vis-à-vis scrap), posing the question ‘to melt, or re-roll’?
The Steel Index
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Most Read
data analysis
price review forecast
China Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2021 SMM Information & Technology Co, Ltd. All rights reserved.
