According to sources close to SteelOrbis, the latest ex-US import scrap deal by a Turkish mill has moved import scrap prices down further than expected.
The most recent ex-US scrap deal to Turkey has been reported to SteelOrbis as follows: HMS I/II 80:20 scrap at $261/mt CFR, shredded scrap at $266/mt CFR, and bonus scrap at $271/mt CFR.