Turkish heavy melting scrap import prices were flat May 17, as no new trades were reported, while buyers were hesitant to accept further price increases amid a downturn in Chinese steel prices in the last few days, sources said. Domestic scrap prices went up on the day, but import indications did not move, a senior trader said. Asked about the offers for premium heavy melting scrap 1/2 (80:20), several market players cited $515- $530/mt CFR for the US material, unchanged from last week.
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