Turkish Scrap import prices plummet further to $246 a ton

Published: Jul 16, 2015 09:27

Save

Turkish HMS 1/2 80:20 scrap import average prices (CFR Iskenderun Port, Turkey) plummeted further by $12 a ton week-on-week to $246 a ton in the week ended July 10.

Turkish HMS 1/2 80:20 Scrap import prices plummet further to $246 a ton

TURKEY July 15 2015 2:15 PM

ANKARA (Scrap Register): Turkish HMS 1/2 80:20 scrap import average prices (CFR Iskenderun Port, Turkey) plummeted further by $12 a ton week-on-week to $246 a ton in the week ended July 10, as per the latest figures from the Steel Index.

According to TSI, completed trade was again light to non-existent as the market sought to find a level at which Turkish mills would be willing to return to the deep-sea market.

By the end of the week this level had not been found, with mills heard to be seeking material closer to $230 a ton.

(This article is compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)

scrap import average prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn