Lebanese and Israeli
scrap suppliers who mostly conclude sales to
Turkey's Iskenderun region and from time to time to the country's Aegean region have increased their
scrap offers to
Turkey in parallel with the rises seen in deep sea
scrap offers.
Last week, Lebanese and Israeli
scrap offers to
Turkey at $180/mt CFR failed to attract buyers' interest, but this week short sea
scrap deals have been concluded in
Turkey at $180/mt CFR Iskenderun. Currently, short sea
scrap offers to
Turkey are at $185/mt CFR Iskenderun. While buyers' purchase prices are not expected to increase to $185/mt CFR for the time being, they may rise slightly above $180/mt CFR.