The price of scrap metal fell to $ 360 CFR Türkiye

Turkish metallurgical companies purchased more than a million tons of scrap metal with the supply of 360 dollars per ton of CFR Türkiye in July in July. It is reported by Steelorbis.

Turkish factories took advantage of the descending trend of scrap prices, said the director of the Turkish company Helveco Intertrade Yusuf Gyven. The price of scrap metal will remain at the current level during the summer lull and during the holiday of Ramadan, he added.

Prices for metal for Turkish companies over the past two months have fallen by $ 50 per ton, starting to decline from $ 410 in the second half of March.