Scrap offer prices for Turkey seem to be in disorder, while Turkish producers prefer to wait and see.
SteelOrbis has heard from market sources that some suppliers are offering ex-continental Europe HMS I/II 75:25 and HMS I/II 80:20 scrap cargoes to Turkey at $395/mt CFR, while an ex-UK scrap cargo offer for HMS I/II 80:20 to Turkey is heard to be above $390/mt CFR. In the meantime, a scrap supplier is heard to be offering HMS I/II 80:20 from northern Europe to Turkey at $410/mt CFR.
On the other hand, ex-US offers for HMS I/II 80:20 to Turkey are reported to be standing at $415/mt CFR.
However, no transaction has been reported so far for any of these offers.