Last week (June 4-11), scrap metal quotations moved unevenly - the decline in prices at the beginning gave way to growth at the end of the week.  The range of quotations on the Turkish market was $495-505/mt CIF. 

Last week (May 28 - June 4), scrap prices declined in all key markets due to weakening demand for long products and continued strong supply from US and European suppliers.

Metallurgical enterprises did not change their purchase prices last week, leaving them at the level of UAH 8,000 / t. Although the profitability of scrap metal purchases has decreased, it is above the standard value.

Last week (May 21 – 28), scrap metal quotes rose in all regional markets. On the Turkish market, they were in the range of $510-520/mt for HMS 1&2 (80:20) scrap. 

Last week, most steel companies left purchase prices unchanged at UAH 8,000/mt.