Scrap Prices North America
September 24, 2019
CRU: Turkish Scrap Import Prices Fall to Lowest Level Since 2016
Written by Tim Triplett
BY CRU Analyst Alexander Ordosch
For the week ending Sept. 20, Turkish scrap import prices fell for the seventh consecutive week to $228 /t CFR for HMS 80:20, down $11 /t w/w. We assessed two deals from the UK totaling 37 kt of scrap. The current price is the lowest in the weekly price assessment on record and the lowest level since October 2016, when CRU’s monthly assessment hit $220 /t CFR.
