Turkish deepsea import scrap prices soften as mills hold back

摘要

Turkish deepsea import ferrous scrap prices softened from a record high May 26, as Turkish mills held back from buying, sources said. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) May 26 at $512/mt CFR, down $3.75/mt on day. “Mills would like to stabilize the price, and if they can get lower scrap prices and widen their margin by staying away from the market for a few days, why wouldn’t they?” an EU recycler said.