Aggressive US sale drags down scrap to Turkey

摘要

The Turkish scrap import marketlurched downward Thursday as a lower-pricedtrade from a leading premium US East Coastmerchant came to light.The merchant sold 17,000 mt of heavymelting scrap I/II (80:20) at $185/mt CFR,20,000 mt of shred at $190/mt CFR and 3,000mt of bonus at $195/mt CFR.The cargo was sold to an electric arcfurnace-based steelmaker in the Iskenderunregion.