Monday, April 13, 2015

Turkish HMS 1/2 80:20 Scrap import prices rise to $263 a ton

By Vibin Antony
Turkish HMS 1/2 80:20 scrap import prices (CFR Iskenderun Port, Turkey) rose by $2 a ton week-on-week t0 $263 a ton during last week, as per the Steel Index.

The relatively strong levels of trade seen last week continued into this week, with a number of cargoes secured by mills.

Most trade was heard completed at or near to TSI’s index level at the time of $263 a ton, before deals were heard in the market at slightly higher levels on Friday.

(This article is compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)

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