Turkish deepsea import scrap prices still firming as suppliers hike offers

摘要

Turkish deepsea import ferrous scrap prices continued their sharp rise May 4, as mills cited higher workable levels and recyclers hiked offers, sources said. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) May 4 at $457.50/mt CFR, up $9.50/mt on the day. “It seems $450-$455/mt CFR is a nice price for buyers today,” one Turkish mill source said. A US-origin offer was heard at $462/mt CFR, while a Baltic-origin offer was heard at $465/mt CFR. A second Turkish mill source cited an indicative tradable value for premium HMS 1/2 (80:20) at $460/mt CFR minimum, with offers up at $465/mt CFR.