TURKEY LONG STEEL EXPORTS: Firmer scrap costs push up prices despite poor demand

摘要

Turkish long steel export prices have increased over the past week, in line with the rising costs of imported scrap, while demand was still poor due to the Covid-19 pandemic, sources said on Thursday April 16. Turkish deep-sea scrap import prices increased once again on April 14 because of the reduced supplies coming from Europe and the United States. The daily scrap indices went up by more than $15 per tonne on Tuesday, after deals for United States- and Baltic Sea-origin cargoes were heard at $255-257 per tonne cfr for HMS 1&2 (80:20).