Following active negotiations between major scrap suppliers and Turkish mills yesterday, more deals have been disclosed to the market. According to market sources, a scrap cargo from the Baltic has been bought by an Iskenderun-based Turkish mill, for shipment in January. The cargo with a total tonnage of 30,000 mt includes HMS I/II 80:20 at $297/mt CFR and bonus grade at $307/mt CFR. After the deal, ex-Baltic HMS I/II 80:20 scrap prices have increased by $4/mt compared to the previous transaction. “The market may hear more deals at levels higher than the current ones these days. Offers from the Baltic have already started to come at above $300/mt CFR limit,” a source told SteelOrbis.