Short sea scrap offers to Turkey

Wednesday, 10 June 2015 15:21:33 (GMT+3)   |   Istanbul
According to market sources, Lebanese offers for HMS I/II 80:20 scrap to Turkey are currently at $255/mt CFR, while firm bids from buyers in Turkey's Iskenderun region are at $250/mt CFR. No new transaction has been heard at these price levels.
 
On the other hand, offers for HMS I/II 80:20 scrap from Cyprus to Turkey are currently in the range of $245-250/mt CFR. Market sources state that demand in the market has been quiet since the June 7 general election.  Meanwhile, deep sea scrap dealers are maintaining a firm stance on their prices and so Turkish producers may focus on short sea scrap purchases of small tonnages in the coming period.
 
Moreover, offers for mixed HMS I/II 75:25 and sheered scrap from Israel to Turkey are at $265/mt CFR, while Israeli HMS I/II 75:25 scrap offers to Turkey are in the range of $250-255/mt CFR.

Similar articles

Nucor CSP up for 21st week on domestic demand, low imports, energy strength

08 Jun | Flats and Slab

Worldsteel: Global iron ore and scrap trade show China and other Asian countries as key import centers in 2025

08 Jun | Steel News

Germany’s ROGESA launches scrap recycling project to boost low-carbon steel production

08 Jun | Steel News

Mexico’s domestic ferrous scrap prices trend sideways for another week

05 Jun | Scrap & Raw Materials

Global View on Scrap: Turkish scrap market remains relatively silent, Asia drops significantly

05 Jun | Scrap & Raw Materials

Domestic scrap prices in Turkey remains stable on lira basis

05 Jun | Scrap & Raw Materials

Vietnam’s import scrap market moves down, S. Korea also achieves lower price

05 Jun | Scrap & Raw Materials

Taiwan’s import scrap prices move down significantly

05 Jun | Scrap & Raw Materials

European scrap markets stable at beginning of June

05 Jun | Scrap & Raw Materials

EMR pauses Camden shredder in US after another fire

05 Jun | Steel News

Marketplace Offers

Scrap
Tin foil
GERDAU CORSA
Scrap
Burr
GERDAU CORSA
Scrap
Industrial return
GERDAU CORSA