Ex-Baltic scrap falls below $250/mt CFR in fresh deal to Turkey

Thursday, 05 September 2019 15:14:26 (GMT+3)   |   Istanbul
       

According to market sources, an Iskenderun region-based Turkish mill has sealed a deal for an ex-Russia scrap cargo consisting of 25,000 mt of HMS I/II 80:20 at $247/mt CFR and 5,000 mt of bonus grade at $257/mt CFR. The cargo will be shipped in the first half of October, SteelOrbis has learned. Another deal from the same region was discussed in the market with HMS I/II 80:20 priced at $250/mt CFR.

The latest offers for ex-Baltic region scrap cargoes were ranging at $252-255/mt CFR for HMS I/II 80:20, while the previous transaction was reported at $258/mt CFR for the same grade.


Most Recent Related Articles

Ex-Baltic deals in Turkey push prices further up

Two Turkish mills increase domestic scrap purchase prices

Some Turkish mills increase their domestic scrap purchase prices

Short sea scrap prices in Turkey hit long-term target at $250/mt

Long-standing stability of local Turkish scrap prices comes to an end