Turkish domestic scrap prices continued to strengthen in the week to Monday May 24 on increasing imported scrap values, market sources said.
Steel producers in Turkey booked at least four deep-sea cargoes during the past week. The most recent deal was done on Thursday May 20, when a steel mill in the Iskenderun region booked a Baltic Sea cargo at $507.50 per tonne cfr on an HMS 1&2 (80:20) basis.Fastmarkets calculated the daily index for steel scrap, HMS 1&2 (80:20 mix), United...