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Turkish Ferrous Scrap Assessment Rationale



Global Steel & Raw Materials Feature

April 20, 2017





S&P Global Platts assessed Turkish deepsea premium heavy melting scrap I/II (80:20) at $264/mt April 19, down $1/mt from April 18.


A Turkish trader said no mills would buy higher than $260/mt.


A second trader said prices needed to decline to less than $250/mt for 80:20, based on limited demand for rebar.


A Turkish trader selling out of Europe said prices were stable, however.


No data was excluded from this assessment.


Platts analyzes other steel and scrap products in this feature:


Iron ore | Scrap | HRC | Rebar | Semi-finished | News


Next commentary: Asian HRC tumbles to near 25-week low on order drought


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