• Turkish HMS 1/2 80:20 import prices stay flat at $212 a ton

    TURKEY November 16 2016 10:33 AM

    ANKARA (Scrap Register): Turkish HMS 1/2 80:20 scrap import weekly average prices (CFR Iskenderun Port, Turkey) stayed flat at $212 a ton during the week ended October 07, as per the latest figures from the Steel Index.

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    Of the latest deals, a US East Coast-based recycler sold a mixed cargo which normalized at $215 a ton under TSI’s methodology.

    Meanwhile, two UK-origin cargoes were reported, one destined for a Marmara-based mill at an average price of $214 a ton for 10kt HMS #1&2 80:20 and 15kt shredded material.

    This buyer was also active earlier in the week, with a Beneluxorigin cargo booked for October-end loading. That level was slightly lower than the most recent cargoes, in line with the $210 a ton index print earlier this week.

    (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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