Turkish ferrous scrap buyers stay out of market

摘要

Turkish ferrous scrap buyers remained out of the European market last week as high price levels saw them continue to play a waiting game, though some small tonnage continues to flow in from Black Sea-based exporters. Small cargoes of about 3,000 tonnes from Black Sea suppliers were booked last week at about 252-253 dollars per tonne cfr Turkey for HMS1&2 (80:20), with one offer from Georgia for slightly lower grade scrap at 245 dollars per tonne rejected by a Turkish buyer.