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Turkey scrap import prices continue to climb
Source:Xinsteel   Date:2015/5/11

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).