News Room - Steel Industry

Posted on 18 Sep 2008

Turkey's scrap price keeps declining

One of the Turkish mills purchased the HMS?T/?U70:30 scrap at US$300/ton FOB from three different suppliers in Europe.

 

The price of scrap in Turkey has been almost slumped to the quotation similar to its performance last December due to sluggish demand this year. So far, it is still hard to make any deal and Turkish mills are attempting to postpone purchasing the scrap.