PRICING NOTICE: Turkey domestic ferrous scrap prices rolled over due to extended Eid holiday

Fastmarkets will roll over its Turkey domestic ferrous scrap prices on Monday June 3 because the country extended the Eid al-Fitr public holiday to last the entire week of Monday June 3 to Friday June 7.

The holiday had originally been scheduled to begin on Tuesday June 4 this year.

The prices affected are Turkish domestic auto bundle scrap in lira per tonne delivered and Turkish domestic melting scrap from shipbreaking in $ per tonne delivered.

Normal price assessments will resume on Monday June 10.

The Fastmarkets ferrous holiday pricing schedule 2019-2020 has been updated accordingly. Click here to view the schedule.

What to read next
Steel producers in the United States remain optimistic about construction demand despite its lackluster short-term outlook, according to market participants
The influential annual treatment and refining charge (TC/RC) benchmark that sets the price that smelters charge miners to process their copper concentrate could be at risk, according to multiple market sources, although most believe the system, or elements of it, will remain
Caroline Messecar, strategic markets editor for Fastmarkets, explores the world of rare earth prices in her opinion piece for ‘The Crucible’ titled ‘Why have rare earth prices fallen?’
After a consultation period, Fastmarkets has amended the pricing frequency of its MB-STE-0141 steel billet import, cfr Manila, $/tonne, price assessment from a daily basis to twice per week.
Fastmarkets invites further feedback on proposed amendments to its newly launched MB-NI-0256 Nickel low-carbon briquette premium, cif global, price assessment.
Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.