After the ex-Poland HMS I/II 80:20 deal at $273.5/mt CFR was reported, being in line with the general price expectation, another sale has been disclosed, this time at a somewhat lower level. As a result, the price trend for import scrap in Turkey remains unclear.
According to market sources, an Izmir region-based steel producer has booked a cargo from Lithuania at $268/mt CFR for HMS I/II 80:20 and $278/mt CFR for bonus grade. Some players assume the total volume is close to 40,000 mt and the lot will be shipped in April. It is worth mentioning that although most market players consider the deal done, neither buyer nor seller have confirmed it by the time of publication.
