HMS I/II 80:20 prices in Turkey

Friday, 23 September 2011 15:47:42 (GMT+3)   |  
In the Turkish steel market, HMS I/II 80:20 import offers show significant differences depending on their origin.
 
Accordingly, ex-US HMS I/II 80:20 scrap offers to Turkey are at $475/mt CFR, while some transactions are heard to have been concluded in the price range of $472-473/mt CFR.
 
In the meantime, while ex-UK HMS I/II 80:20 scrap offers to Turkey stand at $460-465/mt CFR, it is heard that offers for similar material from continental Europe are at about $445/mt CFR.
 
On the other hand, for ex-Black Sea A3 scrap, Turkish mills are willing to conclude bookings in the price range of $450-455/mt CFR.

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