TURKEY FERROUS SCRAP: Ship scrap prices down on weaker import values

Turkish domestic ship scrap prices went down over the past week on falling imported scrap values, sources said on Monday May 4.

Deep-sea scrap import prices weakened once again on May 1, with the news of a fresh European cargo deal.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $242.42 per tonne on May 1, down from $258 per tonne on April...

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