Difficulties in scrap collection in Romania reflected in prices

According to market sources, due to the difficulties witnessed in scrap collection in the Romanian market, domestic scrap collection prices have indicated an increase of $10/mt since last week to $340/mt. The highest scrap transaction prices in Turkey from Romania have been heard at $365/mt CFR Nemrut, while in order to sustain profit margins in the export market the range of $370-375/mt CFR is being targeted.