Contributor: Rosy Finlayson

Turkish scrap import prices increased for the first time in almost two months.

European scrap prices were mostly unchanged m/m in February because weak demand was relatively balanced by limited supply.

Turkish scrap import prices decreased last week.

Turkish scrap import prices increased last week with CRU’s assessment for HMS1/2 80:20 at $423 per metric ton (t) CFR, up by $7/t week over week (w/w) but down $2/t month over month (m/m). This was driven by a pickup in buying activity. The post CRU: Turkish scrap prices rise driven by restocking as sellers return appeared first on Steel Market Update.

Turkish scrap import prices increased for a third consecutive week. The post CRU: Turkish scrap prices continue to rise as supply tightens appeared first on Steel Market Update.

Turkish scrap import prices rose due to conclusion of several deals towards the end of last week as key buyers and sellers re-entered the market. The post CRU: Resumption of Trade Leads to Higher Turkish Scrap Import Prices appeared first on Steel Market Update.

Turkish scrap import prices have remained relatively stable over the past two weeks due to slow trade activity. This was partly due to the holiday on August 30. CRU’s latest price assessment for HMS1/2 80:20 is $368 /metric ton CFR, up $1 /metric ton week-over-week (WoW) and up $21 /metric ton month-over-month (MoM). The holiday […] The post CRU: Turkish Scrap Prices Stabilize Due to Limited Buying Activity appeared first on Steel Market Update.

Turkish scrap import prices continued to fall last week. Subsequently CRU’s assessed Turkish scrap price for HMS1/2 80:20 is $415 per metric ton FOB Turkish port, down $11 per metric ton week-on-week and $28 per metric ton month-on-month. This is based on several deals concluded before and sooner after the Eid holidays. Turkish scrap deals […] The post CRU: Turkish Scrap Prices Fall Amid Weakening Lira appeared first on Steel Market Update.

By CRU Research Analyst Rosy Finlayson, from CRU’s Steelmaking Raw Materials Monitor Last week, trading activity in the Turkish scrap import market was limited. Buyers held off on purchasing material as they awaited details on the announcement of a finished steel price cap agreement between the Turkish Trade Ministry and steelmakers. However, deals done late […] The post CRU: Turkish Scrap Import Prices Rise appeared first on Steel Market Update.

By CRU Research Analyst Rosy Finlayson, from CRU’s Steelmaking Raw Materials Monitor European scrap prices remained relatively unchanged month-on-month (MoM) in September. Buying activity has been slow after the summer holidays despite this being the normal restocking period. Finished steel mills are reportedly sufficiently stocked at present. Scrap prices in Europe now range between €300 […] The post CRU: European Scrap Prices Stagnate, Buying Activity Remains Low appeared first on Steel Market Update.