SteelOrbis has learned from market sources that, after an ex-Baltic booking heard in
Turkey early today, April 8, other
scrap deals have also been concluded to
Turkey from the same region.
Accordingly, a Turkish mill has concluded a transaction for 15,000 mt of HMS I/II 80:20
scrap at $382/mt CFR, 8,000 mt of shredded
scrap at $387/mt CFR and 2,000 mt of bonus grade
scrap at the price level of $392/mt CFR. Meanwhile, another Turkish producer has bought 40,000 mt of HMS I/II 80:20
scrap from the Baltic region at $384/mt CFR.