Intel Details

Turkiye: Imported ferrous scrap prices continue to fall in recent US, Baltic deals

Melting Scrap
30 Oct 2024, 15:34 IST
Steel Mint Intel

Turkish mills are securing imported scrap at reduced prices as rebar sales slow down.

  • A West Marmara mill booked a US-origin bulk scrap cargo at $362/t for HMS (80:20) and $382/t for shredded and bonus grade.
  • Similarly, a mill in the Aegean region secured a 40,000 t Baltic-origin cargo at $360/t for HMS (80:20) and $380/t for shredded and bonus.

30 Oct 2024, 15:34 IST
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