Ex-Lebanon scrap offers to Turkey
Market sources indicate that, following some scrap deals concluded from Lebanon in Turkey's Iskenderun region recently at $335-340/mt CFR, this week's ex-Lebanon scrap offers to Turkey for HMS I/II 80:20 are ranging at $340-345/mt CFR, while offers for HMS I/II 60:40 scrap are at $310-315/mt CFR. Meanwhile, market sources report that scrap availability is on the low side in Lebanon and that no deals have been heard so far in Turkey at the new price levels.