Fresh short sea scrap deals fixed in Turkey

Thursday, 17 October 2019 16:19:53 (GMT+3)   |   Istanbul
       

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.


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