Affected by
continue stronger of exchange rate between euro and the dollar, the imported
scrap market of Turkey continue to climb, the price of imported scrap increased
by USD5-10/ton.
Allegedly, the
price of mixture 1,2-weight scrap(80:20) imported from Europe to Turkey is
USD285/ton(CFR), the price of mixture 1,2-weight scrap (80:20) from USA is USD281
/ ton (CFR), shredded scrap at USD286 / ton (CFR), the Baltic Sea for June
delivery mixed scrap prices reached USD287 / ton (CFR).
At present,
the Turkish domestic rebar market demand strong, scrap buyers purchase actively
which may push import prices reached USD290 / ton (CFR).