The Platts TSI assessment of Turkish imports of premium heavy melting scrap I/IIv (80:20) was 

$308/mt CFR Monday, down $2/mt from Friday's assessment. 

Two trades were reported in the market on Monday, both confirmed to have been done early t

o mid-week last week. The first was a Marmara-based EAF buying a Benelux-origin cargo last 

Tuesday  consisting  of   22,000 mt HMS 75:25, 8,000 mt shredded, 2,500 mt busheling and a 

6,000 mt mix of plate and structural (P&S) and HMS 1. The cargo was priced at an average of 

$309/mt. 

On Wednesday last week another Marmara-based mill bought a Baltic cargo of 14,000 mt HMS 

80:20 at $306/mt, 24,000 mt shredded at $311/mt and 3,000 mt bonus and 2,500 mt busheling 

both priced at $316/mt. 

The  general consensus among market participants was that the $306/mt trade was too low and 

not indicative of current market levels, with one Turkish agent saying "Most sellers are still aimin

g over $310/mt." Another trader said prices, "Seem around $307-$308/mt," while a trading hous

e put current value at $308-$309/mt.