- Ferrous scrap import prices into Turkey have diverged in recent deals.
- A US-origin cargo was booked by a Black sea-based steel mill comprising HMS 1&2 (80:20) at $442/t CFR. Bonus scrap was booked at around $457/t on CFR levels.
- The deals were finalised for Oct’21 shipments. However, considering the wide price range, market sources are looking for clarity on price trends in the coming days.
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