Deepsea Turkish import scrap prices were stable on Sept. 7, as Turkish mills were heard to have temporarily stepped back from the market to focus on finished steel sales. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) at $300/mt CFR on Sept. 7, unchanged on the day. “The market went up too fast to $300/mt CFR, and we have seen around 10 deals at this level, so the mills can eat some scrap and wait a while, perhaps until next week,” a Turkish mill source said. "I think we’ll see 15-16 more cargoes for October shipment and the first half of October shipment is almost covered," the source said, citing a tradable value for premium HMS 1/2 (80:20) at around $300/mt CFR.
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