Ex-Europe scrap deal in Turkey

Monday, 14 January 2019 17:35:49 (GMT+3)   |   Istanbul

There are rumors that an ex-Europe scrap deal has been concluded by a Turkish mill for HMS I/II 75:25 scrap at $270/mt CFR, shredded scrap at $280/mt CFR and bonus grade scrap at 290$/mt CFR, though this composition of the cargo has not been confirmed yet. The $20/mt price difference between the HMS I/II 75:25 scrap and bonus grade scrap in this composition has attracted attention in the market.

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