Turkish scrap pricing uptrend challenged by US tariff hike

摘要

London—Turkish heavy melting scrap prices were looking for direction on Tuesday as the shaky uptrend seen this month received a blow from US President Donald Trump’s decision Monday to raise tariffs on Turkish steel imports back up to 50%. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) at $237/mt CFR Tuesday, stable on day.