Turkey scrap imports down; markets subdued

摘要

The price of ferrous scrap importedby Turkish buyers dropped Friday amid littleactivity, and with the scant details reportedsupporting bearish sentiment that hasdominated this week.A Baltic merchant sold a cargo toan electric arc furnace-based producercontaining 13,500 mt of 80:20 and 1,500mt of bonus scrap at an average of $185/mt. The deal could not be factored into theassessment, as sources disagreed whetherthe price was representative of the market,due to buyer/seller relationship and qualitydifferentials.