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TURKEY DOMESTIC STEEL SCRAP: Prices down in line with falling import values

Turkish domestic scrap prices have continued to weaken over the past week in line with falling imported scrap values, market participants told Fastmarkets on Monday August 23.Turkish steel mills continued to book deep-sea scrap cargoes with prices continuing to weaken throughout the week to August 23. Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), …

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SOUTH ASIA STEEL SCRAP: Markets continue to diverge

Prices for shredded steel scrap into Pakistan and India continued to diverge on Friday August 20, with demand in India slowing down during the monsoon season, while there was active trading in Pakistan, sources told Fastmarkets. PakistanFastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan at $ 539 per tonne on Friday, up …

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