Heavy snowfalls and harsh winter conditions are hitting
scrap supplies and transportation, particularly in
Ukraine and
Russia.
In
Romania, where the weather situation is relatively better,
scrap collection prices are standing at $395-405/mt, while A3
scrap offers from
Romania to
Turkey are at $425-430/mt CFR. However, these ex-
Romania A3
scrap offers are not acceptable to Turkish mills, as they have lately been able to buy ex-
US HMS I/II 80:20 at $430/mt CFR. SteelOrbis has learned from market sources that Turkish mills may only consider purchasing ex-
Romania A3
scrap at $420/mt CFR.