Turkish buyers have continued their short sea scrap bookings. According to market sources, two mills based in Turkey’s Marmara region have purchased HMS I/II 80:20 scrap from Romania at $254/mt CFR. In these deals, the ex-Romania price has increased by $1/mt compared to the previous transaction. It is estimated that this week, Romania sold around 15,000-20,000 mt of scrap to Turkey.
Market players note that Turkish mills’ activity in scrap bookings has slowed down somewhat by the end of the current week, both in the short and deep sea segments.