US scrap booking by a Turkish mill
SteelOrbis has heard that a Turkish mill concluded 40,000 mts of mixed scrap cargo booking ex-US at $262.50/ton CFR for prompt shipment to Nemrut. The cargo is composed of 34,000 mts of HMS I/II (80/20) and 6,000 mts of shredded scrap. Since the cargo is a cancelled cargo diverted from Egypt to Turkey, an exceptional price was agreed upon.