Fastmarkets' daily scrap index for Northern Europe-origin HMS 1&2 (80:20)
imported into Turkey rose to $296.41 per tonne cfr on Monday July 8, up from $292.09 per tonne cfr a week earlier. This was up from $273.88 per tonne cfr on Jun 27.
Turkish steel mills have taken a break from deep-sea scrap purchasing
at the beginning of the week, but are expected to soon book more cargoes for August shipment at a similar price level, sources told Fastmarkets on July 8.
The mills in...