Turkish HMS 1/2 80:20 Scrap import prices plummet further to $211 a ton

Published: Sep 18, 2015 12:43 (GMT+8)

Save

Turkish HMS 1/2 80:20 scrap import average prices (CFR Iskenderun Port, Turkey) plummeted further by $16 a ton week-on-week to $211 a ton in the week ended September 11.

TURKEY September 17 2015 4:15 PM

ANKARA (Scrap Register): Turkish HMS 1/2 80:20 scrap import average prices (CFR Iskenderun Port, Turkey) plummeted further by $16 a ton week-on-week to $211 a ton in the week ended September 11, as per the latest figures from the Steel Index.

According to TSI, daily benchmark index for deep-sea Turkish imports of HMS #1&2 80:20 fell by $14 a ton from last Friday to end the week at $205 a ton CFR Iskenderun port.

Sellers succumbed to the fact that there was a lot of inventory in US, UK and Baltic yards, along with the realisation that scrap prices needed to become more competitive compared to billet.

Multiple cargoes were traded this week, with prices at $215-210 a ton early on Monday, but come Friday material was heard to have changed hands in and around $200 a ton.

Looking at both rebar and imported billet prices, participants feel further falls below $200 a ton for scrap would not come as a surprise.

scrap imports Turkish HMS 1/2 80:20 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 for more information, please contact: lemonzhao@smm.cn

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

Related News

32 mins ago

Data: SHFE, DCE market movement (Oct 19)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 19 Oct , 2026

32 mins ago

1 hour ago

SMM 6063 Aluminum Billet Weekly Shipments on October 19

[SMM Weekly Aluminum Billet Shipments] According to SMM statistics, 6063 aluminum billet shipments from major domestic consumption sites were in the 50,000-tonne range during October 12-18, well above the September weekly average, as post-holiday pick-up lifted offtake.

1 hour ago

China aluminum billet weekly warehouse withdrawals statistics for October 19, 2026 (10.12-10.18) [SMM data]

[SMM Weekly Aluminum Billet Warehouse Withdrawals Statistics] According to SMM statistics, during Oct. 12-18, China's 6063 aluminum billet warehouse withdrawals stood at the 50,000 mt level, notably higher than the weekly average in September, with the pace of withdrawals significantly accelerating compared with the pre-holiday period. By region, Foshan ranked first in withdrawals, serving as the main source of national withdrawals; Wuxi and Huzhou followed; Changzhou and Nanchang saw relatively limited withdrawals. Overall, post-holiday production resumptions and cargo pick-ups by downstream enterprises drove aluminum billet consumption, and the rebound in withdrawals provided support for processing fees. For complete warehouse withdrawals by region, historical series, and detailed changes, please log in to the SMM data terminal.

1 hour ago