Turkish HMS 1/2 80:20 import prices continue to decline to $203 a ton-Shanghai Metals Market

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Turkish HMS 1/2 80:20 import prices continue to decline to $203 a ton

Industry News 01:16:35PM Sep 23, 2015 Source:SMM

TURKEY September 23 2015 10:22 AM

ANKARA (Scrap Register): Turkish HMS 1/2 80:20 import average prices (CFR Iskenderun Port, Turkey) continued to decline by $8 a ton week-on-week to $203 a ton in the week ended September 18, 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 $2 ton from last Friday to end the week at $203 a ton CFR Iskenderun port. 

The market appeared to take a breather from the multiple sales seen in recent weeks, with completed cargoes far and few between. 

Participants still feel the market will move below $200 a ton in time, given the differentials between billet, rebar and scrap.


Key Words:  scrap imports    
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Turkish HMS 1/2 80:20 import prices continue to decline to $203 a ton

Industry News 01:16:35PM Sep 23, 2015 Source:SMM

TURKEY September 23 2015 10:22 AM

ANKARA (Scrap Register): Turkish HMS 1/2 80:20 import average prices (CFR Iskenderun Port, Turkey) continued to decline by $8 a ton week-on-week to $203 a ton in the week ended September 18, 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 $2 ton from last Friday to end the week at $203 a ton CFR Iskenderun port. 

The market appeared to take a breather from the multiple sales seen in recent weeks, with completed cargoes far and few between. 

Participants still feel the market will move below $200 a ton in time, given the differentials between billet, rebar and scrap.


Key Words:  scrap imports