Ferrous Scrap
CRU: Turkish scrap stays mostly stable
Written by Tanya Kozlovskaia
January 24, 2025
Turkish scrap prices showed little change week over week (w/w), with HMS 80:20 and shredded grades assessed at $343 per metric ton (mt) and $357/mt, respectively.
Turkish scrap prices remained steady during the third week of 2025, with HMS 80:20 unchanged at $343/mt, while Shredded grades fell edged lower $5/mt to $357/mt based on confirmed shipments.
In the short term, scrap supply may tighten due to logistical challenges or other supply chain disruptions. Finished steel prices fell by $5/mt w/w due to weak demand and, as a result, scrap demand remains sluggish.
This analysis was first published by CRU. To learn about CRU’s global commodities research and analysis services, visit www.crugroup.com.
Tanya Kozlovskaia
Read more from Tanya KozlovskaiaLatest in Ferrous Scrap
Toyota Tsusho completes buy of Radius Recycling
Japan’s Toyota Tsusho Corp. has completed its previously announced acquisition of Radius Recycling.
US scrap tags sideways, but will tariffs on Brazil lift prices in August?
Ferrous scrap prices are flat in the US for a second consecutive month, but tariffs on imports of Brazilian pig iron could change the game in August.
Ferrous scrap export activity resumes
Ferrous scrap export activity has picked up steam.
Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.
Ferrous scrap mart enters ‘summer doldrums’
Summer doldrums hit the US ferrous scrap market.