Turkey remains active in the short sea scrap purchases with some negotiations have resulted in the fresh deals. A scrap supplier from the Adriatic Sea agreed to sell an HMS I/II 80:20 scrap to a Marmara region-based steel producer at $235/mt CFR, by $3/mt up compared to the previous booking closed earlier this week. Today, on October 17, a Romanian HMS I/II 80:20 scrap cargo was sold again to Marmara also at $235/mt CFR, being in line with the latest transaction. Both lots will be shipped in November.
The majority of current offers from Romania and Adriatic region to Turkey are reportedly at $233-235/mt CFR for HMS I/II 80:20 scrap, more deals might be closed at $233-234/mt CFR, sources expect.
In addition, an Izmir-based mill in its turn has recently booked a 2,000 mt bonus scrap cargo from Kazakhstan at $240/mt CFR, SteelOrbis has learned.