Turkiye: Imported scrap prices remain largely stable in recent trades from the US, EU

Turkish imported ferrous scrap prices remained stable in recent deals from the US and EU.

• A US supplier sold HMS (80:20) bulk cargo at $370/t CFR-Turkiye to a West Marmara Region-based buyer.
• A Northern European supplier sold HMS (80:20) bulk cargo at $366/t CFR to an Aegean Region-based mill.

Contrasting trends in Chinese and Turkish steel markets have added uncertainty over future scrap purchase price trend.