Market sources state that scrap collection prices in Romania are unchanged this week, remaining at $345-355/mt. The adverse seasonal conditions and tight scrap supply in the Black Sea region will likely prevent scrap collection prices in Romania from declining in the coming period. Meanwhile, current Romanian scrap offers to Turkey stand at $370-375/mt CFR, while ex-Rostov A3 scrap offers from Russia to Turkey are ranging at $375-380/mt CFR.
Having almost replenished their scrap inventories for December, Turkish steelmakers are in no rush to conclude new purchases, and so import scrap booking activity has slowed down in the current week in the local Turkish market.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.