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Home / Metal News / Turkish HMS 1/2 80:20 import prices advance to $188 a ton

Turkish HMS 1/2 80:20 import prices advance to $188 a ton

iconJan 13, 2016 16:04
Source:SMM
Turkish HMS 1/2 80:20 scrap import average prices (CFR Iskenderun Port, Turkey) advanced to $188 a ton week-on-week during the week ended January 08.

TURKEY January 13 2016 9:40 AM

ANKARA (Scrap Register): Turkish HMS 1/2 80:20 scrap import average prices (CFR Iskenderun Port, Turkey) advanced to $188 a ton week-on-week during the week ended January 08, 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 rose $4 a ton from last Friday to end the week at $190 a ton CFR Iskenderun port.

A number of cargoes were booked out of Europe and the UK this week, with prices edging up and above $190 a ton by the end of the week. 

We are yet to see a US cargo booked, with traders in the country heard to be holding out for prices nearer to $195 a ton on the back of strong US domestic settlements this month.


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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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