Turkish deepsea import scrap prices jump on fresh Baltic, EU deals

摘要

Turkish deepsea import ferrous scrap prices continued to rise May 5 as further deals were heard at sharply higher levels, with market optimism fueled by the removal of Chinese steel export rebates on May 1, sources said. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) May 5 at $469/mt CFR, up $11.50/mt on day. The index was now at its highest level since Jan. 14, when it was at $474.50/mt CFR.