Prices
March 7, 2023
CRU: Turkish Scrap Import Prices Rise
Written by Rosy Finlayson
By CRU Research Analyst Rosy Finlayson, from CRU’s Steelmaking Raw Materials Monitor
Last week, trading activity in the Turkish scrap import market was limited. Buyers held off on purchasing material as they awaited details on the announcement of a finished steel price cap agreement between the Turkish Trade Ministry and steelmakers. However, deals done late the prior week sent our assessment of HMS 1/2 80:20 prices up to $450 per metric ton CFR Turkey (up by $18/t week over week and by $32/t month over month).
