In the US market, scrap market remains strong performance, shredded scrap prices rose to USD 236 per tonnes. In addition, the Black Sea A3 Scrap price was being quoted at USD 250 per tones.

It is reported that steel mills in Turkey have finally started to return to scrap markets. As per report, Europe and US scrap import prices in Turkey remained stable or slightly rising. Last weekend, the European H1 and H2 scrap export price to Turkey reached USD 250 per tonnes.