Increased price in ex-St. Petersburg deal in Turkey

Monday, 02 March 2015 13:47:46 (GMT+3)   |   Istanbul
       

According to market sources, a producer in Turkey's Iskenderun region which had opened a scrap tender on February 26 has closed the tender after concluding an ex-St. Petersburg deal for 25,000 mt of HMS I/II 80:20 scrap at $251.75/mt CFR and 4,500 mt of bonus grade scrap at $261.75/mt CFR, for shipment in March, indicating an increase of $5-6/mt compared to import scrap deals concluded in Turkey last week.

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