Turkish scrap import market continues to rise, the mixture of No 1 and No 2 heavy scrap (80:20) imported price further rose to USD245 / ton (CFR), up USD5 / ton over last week, the market expects the price would be further rising to USD250 / ton (CFR) at the end of this week.

At present, China and the CIS billet prices kept at high level, Turkish mills had to choose to purchase scrap to promote the scrap prices continued to climb.

                                                      XINSTEEL NEWS