Being interested in deep sea scrap cargoes for January shipments, Turkish mills remain active in short sea bookings also. Starting from the end of last week, around 10,000-15,000 mt of HMS I/II 80:20 from Romania were booked at $266-267/mt CFR, by $5-6/mt up compared to the previous transactions. Currently, ex-Romania suppliers are trying to increase their offers to Turkey as ex-Baltic region lots have already been sold at $280/mt CFR and above. Sources say that $270-272/mt CFR may be workable for ex-Romania and ex-Adriatic region scrap.
Russian A3 scrap ex-Rostov is on offer at $277-278/mt CFR. However, Turkish mills seem not to be ready to pay above $275-276/mt CFR for scrap of the mentioned origin.
In the meantime, strong interest has been seen in Turkey for ex-Libya steel scrap. According to market sources, since the end of November around 20,000-30,000 mt of HMS I/II 90:10 scrap have been sold at $250/mt CFR and above, SteelOrbis has learned. Moreover, further negotiations are continuing. Israel has also been present in the market with $260/mt CFR offers for HMS I/II 75:25 scrap, up by $10/mt compared to the previous indications. No fresh deals have been reported from this source.