Ferrous Scrap
CRU: Turkish scrap import prices were stable as scrap import activity slowed
Written by Marius Tkocz
May 7, 2024
Turkish scrap import prices were stable last week. CRU’s assessment for HMS1/2 80:20 and shredded was unchanged at $384 per metric ton (mt) CFR and $408/mt, respectively.
Scrap import activity slowed last week as Turkish mills have completed their recent restocking activity, keeping scrap import prices unchanged week over week (w/w). As domestic and export demand remain subdued, we have heard that Turkish scrap import activity is likely to remain sluggish.
Learn more about CRU’s services at www.crugroup.com.
Marius Tkocz
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