SteelOrbis has learned from market sources that ex-Black Sea A3 grade scrap offers to Turkey are finding support from ex-Black Sea transactions in Turkey concluded at price levels as high as $400/mt CFR. Sources report that Romanian A3 scrap offers to Turkey's Marmara region are available at $385-390/mt CFR, while ex-Russia A3 scrap offers to Turkey are still at $390-395/mt CFR.
After Turkish mills showed greater interest in ex-Black Sea scrap last week and concluded many transactions, this week the market has been quiet in terms of new bookings.
