Turkish deep-sea scrap import prices have started to rebound on tightening supply, although no transactions have been made, sources told Fastmarkets on Monday April 6.
Several sources reported a Baltic Sea offer at $240 per tonne cfr for HMS 1&2 (80:20), while mills' bids were no higher than $220 per tonne."The market is very tight at the moment. Scrap flow decreased sharply due to the coronavirus outbreak. We hear offer levels at $240-250 per tonne for HMS 1&2 (80:20), but mills want to pay...