ASCOR UK HOME ABOUT US OUR SERVICES OUR NETWORK NEWS CONTACT US TURKEY PURCHASES SCRAP FOR JANUARY SHIPMENTS Turkey. Turkey continues to make deals with the Baltic region and the EU to buy imported scrap for January shipments. A steelmaker from Marmara purchased HMS 1&2 (80:20) at $495/t CFR and bonus material at $520/t CFR from a Baltic trader, total volume of purchased material was 30,000t. Supplier from the Netherlands closed a deal with another in Marmara mill and sold HMS 1&2 (75:25) for $486/t CFR and also bonus material for $506/t CFR for a total of 25,000t. Meanwhile, the domestic market in Turkey underwent changes again, due to the fall in the local currency, the scrap purchase price has increased again. Most steelmakers have raised their prices by $13-57/t. Some mills have left prices unchanged, but insiders are sure that this is not for long. Everyone is waiting for further price revisions. Asia. Imported Australian iron ore jumped by $4.75/t This Friday. The price has risen following the increase in the cost of steel, but not in the long term, as weather conditions in major steel production regions are worsening and the output continues to decline. About 20 factories in Tangshan have cut operations of almost 63 converters and 71 BFs. Moreover, due to weak demand, rebar output will be reduced by almost 40% during this month. At this moment the price of Australian ore fines 62% Fe is $91.25/t CFR. COMPANY INFORMATION About Us Our Network News Contact Us COPYRIGHT Privacy Policy Copyright © 2021 ASCOR UK LIMITED. All Rights Reserved. Website created by Web2 OUR SERVICES Raw Materials Trading Logistics Marketing CONTACT US ASCOR (UK) Ltd 87 Uvedale Road Enfield EN2 6HD United Kingdom.