Turkish scrap set to rise toward $280/mt: sources

摘要

Turkish scrap prices rose further Friday, with sources seeing the last heard trade at $276/mt CFR as an indicator of improved sentiment, adding there was a strong possibility of further firming toward $280/mt CFR. A south European trader said pricing could move toward $280/mt CFR, as tight supply and low collection rates continued to cause the market to fall short of current Turkish demand.