Turkiye: Imported ferrous scrap prices range-bound in recent EU origin deals

Turkish imported ferrous scrap prices remained stable in recent deals concluded with European suppliers.

  • A UK supplier sold HMS (80:20) at $373/t and shredded at $398/t CFR to an East Marmara mill.
  • Another UK supplier sold bulk HMS (80:20), shredded, and bonus scrap at $375.5/t and $400.5/t CFR to a West Marmara mill CFR Turkiye.

Market participants expect higher bookings next week due to positive sentiment.