Turkiye: Imported ferrous scrap prices remain downward in recent set of deals

Turkish imported ferrous scrap prices saw a slight decline. A UK supplier sold HMS (80:20) at $373.5/t and bonus scrap at $397/t CFR to a Mediterranean region-based mill. A US-origin supplier sold a bulk vessel at $380/t CFR Turkiye for early June shipments. A Baltic supplier sold 40,000 t mixed scrap at $379.5/t for HMS, and $400/t for shredded and bonus scrap to a West Black Sea region-based mill.