According to market sources, a Turkish steel mill has concluded a transaction for a cargo consisting of 15,000 mt of HMS I/II 75:25 scrap, 5,000 mt of new cuttings and 17,500 mt of P&S grade scrap at the average price level of $348.5/mt CFR.
Additionally, it is reported that another Turkish steel producer has concluded an ex-Europe scrap booking for a cargo consisting of 19,000 mt of HMS I/II 75:25 scrap, 6,500 mt of HMS I scrap, 4,000 mt of bonus grade scrap and 1,500 mt of busheling scrap at the average price level of $345.5/mt CFR.