Ex-EU scrap prices stable in fresh sale to Turkey

Turkey’s import scrap market has been filled with various rumors after the national holiday on October 29. One sale was confirmed for an ex-Netherlands cargo for November shipment. The batch consisted of 22,000 mt of HMS I/II 80:20 at $248/mt CFR and 2,500 mt of bonus grade at $258/mt CFR. As a result, the European HMS I/II 80:20 price has remained stable so far as compared to the transaction concluded from Denmark last week, SteelOrbis estimates.