Scrap Prices North America
January 15, 2021
CRU: Turkish Scrap Prices Fall for First Time Since September
Written by CRU Americas
By CRU Research Analyst Yusu Mao, from CRU’s Global Steel Trade Service
Last week, Turkish scrap import prices fell for the first time since September 2020. CRU recorded two deals and assessed HMS 1/2 80:20 at $446 /t CFR (- $34 /t w/w, -$27 /t m/m). The enlarged spread between HMS 1/2 80:20 and shredded scrap prices remained at $11 /t—a level that has remained the same since the week ended Jan. 8.
