Turkish deepsea import scrap prices remain firm with further upside expected

摘要

London—Turkish deepsea import ferrous scrap prices continued to remain firm, with both buy-side and sell-side sources expecting further price upside into March, sources said. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) Feb. 26 at $456/mt CFR, up $1/mt on day. A Baltic-origin cargo was booked late Feb. 25 by a Marmara mill, with HMS 1/2 (80:20) at $456/mt CFR, but was heard after the 4:30pm London deadline on Feb. 26. A reported UK-origin cargo was heard by multiple sources to be booked Feb. 26 by a Marmara mill, with HMS 1/2 (80:20) at $454/mt CFR, shredded scrap at $464/mt CFR, and PNS at $464/mt CFR but was not confirmed.