Ex-St. Petersburg scrap transaction in Turkey

Market sources confirm that a Turkish steelmaker has concluded an ex-St. Petersburg deal for a cargo consisting of 21,500 mt of HMS I/II 80:20 scrap at $351/mt CFR, 4,000 mt of bonus grade scrap at $361/mt CFR, 3,000 mt of shredded scrap at $356/mt CFR and 1,500 mt of rail scrap at $366/mt CFR.