Turkish deepsea import scrap prices continue to soften

摘要

London—Turkish deepsea import scrap prices continued to weaken Jan. 21, as mills held back from buying, sources said. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) Jan. 21 at $435/mt CFR, down $5/mt on day. One Turkish agent source cited an indicative tradable value for premium HMS 1/2 (80:20) at $435-$440/mt CFR, while a second Turkish agent source cited an indicative tradable value for premium HMS 1/2 (80:20) at $435/mt CFR, with lower possible in the near-term. “There is now lots of availability from different sources for mills, who have no pressure to buy for February shipment, and can even wait until the start of February, before buying for March shipment,” a Turkish trading source said, citing an indicative recycler tradable value for premium HMS 1/2 (80:20) at $438-$439/mt CFR.