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Turkish Steel Scrap Prices Were Below Those In China In March

iconApr 11, 2023 14:03
Source:SMM
SHANGHAI, Apr 11 (SMM) – The Turkish steel scrap prices stood at $460/mt as of March 31, equivalent to 3,160 yuan/mt, which was 40 yuan/mt lower than the purchase prices of Shagang Group.

SHANGHAI, Apr 11 (SMM) – The Turkish steel scrap prices stood at $460/mt as of March 31, equivalent to 3,160 yuan/mt, which was 40 yuan/mt lower than the purchase prices of Shagang Group. The price spread between the two narrowed 7 yuan/mt on a monthly basis. Following the earthquake in Turkey, local steel prices went up.

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