Turkish mills cutting home scrap buying prices, ship scrap falls to $435/mt

摘要

Bursa—Some major Turkish mills decreased their lira-denominated domestic scrap buying prices on March 12, in line with lower imported scrap pricing. Following a two-week rising trend, S&P Global Platts' assessment for Turkish imports of premium heavy melting scrap 1/2 (80:20) fell throughout the week and hit as low as $440/mt CFR on March 11, down $9.50/mt on day.