Delayed publication of Turkey steel scrap indices

The publication of Fastmarkets’ Turkey steel scrap indices for Thursday June 27 was delayed because of a technical error.

The affected prices were published at 16.39GMT rather than their scheduled time of 16:00 GMT. Fastmarkets’ pricing database has been updated.

The affected indices were:
MB-STE-0416 Steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, $ per tonne.

MB-STE-0417 Steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, $ per tonne.

MB-STE-0894 Steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonne.

These prices are part of the Fastmarkets scrap package.

For more information, or to provide feedback on the delayed publication of these prices, or if you would like to provide price information by becoming a data submitter to these indices, please contact Cem Turken by email at: Please add the subject heading “FAO: Cem Turken, re: Turkey steel scrap.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to:

What to read next
The publication of Fastmarkets’ price assessments for MB-STE-0093 Turkey domestic auto bundle scrap and MB-STE-0094 Turkey domestic melting scrap from shipbreaking for June 17 were delayed due to a reporter error.
The publication of Fastmarkets’ MB-STE-0887 steel scrap shredded, index, import, cfr Port Qasim, Pakistan was delayed on Tuesday July 16 due to a technical error.
Fastmarkets advises that, as of Wednesday July 10, certain monthly North American ferrous scrap assessments had yet to be settled.
Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our July survey
Fastmarkets has corrected its MB-STS-0259 stainless steel scrap 316 solids domestic, delivered merchants UK, £/tonne price assessment, which was published incorrectly on Friday June 14.
European scrap consuming electric arc furnace output is rising, with demand for higher grade scraps to produce flat steel expected to grow. Fastmarkets has launched prime grade scrap forecasts to capture this