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US scrap export quotes to Turkey at US$445~US$455/ton C&F

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It’s reported that the US scrap suppliers resumed the scrap quotes to Turkey as they forecasted the Turkish buyers would return to market recently.

It’s known that the quotes of the US HMS (1&2) and shredded scrap to Turkey remained flat at US$445/ton C&F and US$450/ton C&F respectively.

However, traders pointed out that the prices were unfavorable to Turkish buyers and they were expecting lower prices.
News Date 12 Mar 2012 10:57:23 reported by Elaine Lin

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