Turkish scrap moved sideways again Tuesday, as people adopted a wait and see approach to see how the market might develop. Platts assessment of heavy melting scrap I/II (80:20) remained steady on day at $265/mt CFR. A Turkish steelmaker pegged imports of premium US material at $264-$265/mt CFR. “The scrap market is very tight, there’s no sign of it going down yet,” said another steelmaker.
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