Ferrous scrap prices into Turkey shot up again this week as mills there booked more cargoes ahead of Ramadan, which is set to begin Aug. 11, market sources said.

Turkish buyers booked deep-sea cargoes from Europe and the United States, paying $15 to $20 per tonne more than the deals they sealed last week.

One U.S.-origin cargo of mixed shredded and an 80-20 mix of No. 1 and No. 2 heavy melting steel scrap sold at $361 per tonne c.f.r. Turkey.

Another deep-sea cargo from a recycler in northern Europe sold for $364.50 per...