SCRAP JUMPS 9.2% IN TURKEY TO US$ 310; IN THE U.S. PRICE GOES UP TO US$ 259

The price of ferrous scrap jumped 9.5% in Turkey this week, and was at US$ 310 per tonne on Friday.

In the U.S. scrap had an increase of 1.6%, to US$ 259 per long tonne.


The average prices and variation in the week were, according to TSI:

- Turkish imports HMS #1&2 80/20 scrap, CFR Turkish port: US$ 310 /metric tonne (+9.5%)

- US domestic obsolete shredded scrap, delivered US mill: US$ 259 /long ton (+1.6%)

- Taiwanese imports HMS #1&2 80/20 scrap, CFR Taiwan port: US$ 293 /metric tonne (+9.3%)

- Indian imports obsolete shredded scrap, CFR Nhava Sheva port: US$ 273 /metric tonne (+4.2%)