- Turkiye’s imported scrap offers fell $10-15/t in a recently-booked US bulk cargo, comprising shredded at $393/t and HMS 1&2 (95:5) at $380/t CFR Turkiye.
- These prices are equivalent to US bulk HMS 1&2 (80:20) at $370-375/t CFR.
- Weak steel demand in Turkiey and increased bulk offers, particularly from US, last week, impacted prices.
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