Turkiye: Ferrous scrap prices rebound in recent deals from Europe

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Turkiye’s ferrous scrap prices rebounded $5-6/t in recent Europe-origin deals after one week.
A cargo containing 5,000 t of HMS(80:20), 8,000 t of busheling, 15,000 t of PNS, and 12,000 t of shredded was booked at $418/t CFR Turkiye, for Mar’23 shipment.
A UK-origin cargo of HMS(80:20) was booked at $425/t CFR and a northern Europe-origin cargo comprising HMS(80:20) was booked at $416.5/t CFR.

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