Scrap booking ex-UK by a Turkish mill
SteelOrbis is informed that a Turkish mill has concluded a mixed scrap cargo booking ex-UK at $274/mt CIF Nemrut for November shipment. 50 percent of the cargo is shredded scrap, while the remaining 50 percent is HMS I/II 80:20 scrap. Since the merchandise is part of a spot purchase, and the discharge rate offered by the buyer is high, this booking has been concluded at a price quite lower than the market level.