Ferrous scrap jumped 6.3% this week in Turkey.
The product also jumped in Taiwan (+7.8%) and India (+6.2%).
In the U.S. the price had a modest increase of 0.5%.
The average prices and variation were, according to TSI:
- Turkish imports HMS #1&2 80/20 scrap, CFR Turkish port: US$ 221 /metric tonne (+6.3%)
- US domestic obsolete shredded scrap, delivered US mill: US$ 204 /long ton (+0.5%)
- Taiwanese imports HMS #1&2 80/20 scrap, CFR Taiwan port: US$ 194 /metric tonne (+7.8%)
- Indian imports obsolete shredded scrap, CFR Nhava Sheva port: US$ 223 /metric tonne (+6.2%)
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