The Turkish imported scrap market started the week on a mixed note. A limited number of transactions were reported, while new bookings from both European and U.S. suppliers indicated that prices are moving within the range of $349–355.5/ton CFR Türkiye, with European-origin cargoes mostly around $349–352/ton.
According to market sources, although demand remains weak, some steel producers are showing stock replenishment interest ahead of winter.
Sluggish finished steel sales and weak domestic demand are causing Turkish mills to maintain a cautious purchasing strategy. Some producers believe that prices may remain stable in the short term, but limited booking activity could continue for December shipments.
In Europe, prices are generally on a downward trend, with irregular demand and regional differences observed across the market.
According to market participants, the short-term direction of prices will depend on the continuity of European-origin supply and the flexibility of Turkish importers’ purchasing strategies. Although there is no strong momentum on the demand side, stockpiling activity may re-emerge as the winter season approaches.
Recent Sales and Price Levels
European-origin:
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HMS 80:20 → $349–351/ton CFR Türkiye (France and Baltic origin)
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Bonus → around $369/ton CFR Türkiye
U.S.-origin:
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HMS 80:20 → $350–355.5/ton CFR Türkiye
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HMS 90:10 → $350/ton CFR Türkiye
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Shredded → around $370/ton CFR Türkiye
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