In particular, two deals were concluded with a supplier from the UK. A series of talks continued at the end of the week.On July 18, an enterprise from the Iskenderun region purchased 20-25 thousand tons of HMS No 1 & 2 (80:20) raw materials for $ 290 / ton CFR. A day earlier, a company from the Marmara region contracted 20-25 thousand tons of HMS No 1 & 2 (80:20) material at $ 289 / ton CFR.
Taking into account these transactions, indicative of scrap of HMS No 1 & 2 (80:20) from the US east coast remain in the range of $ 294-295 / t CFR Turkey.
The activity of buyers in Turkey is quite high, they need batches with shipping in August, but they are opposed to any price increase.
Information according to Metal Expert.
