Turkish deepsea import scrap prices continue slide on fresh Baltic deals

摘要

London—Turkish deepsea import ferrous scrap prices continued to soften, as mills were heard to procure further Baltic-origin cargoes at lower levels, sources said. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) March 12 at $437/mt CFR, down $3/mt on day. A Baltic-origin cargo totaling 30,000 mt was booked on March 11 by a Marmara mill, with HMS 1/2 (80:20) at $437/mt CFR, and bonus scrap at $447/mt CFR. The deal was confirmed by the buy side, for first-half May delivery.