Tag: billet vs scrap prices
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Turkiye: Imported bulk scrap prices remain stable w-o-w as mills stay cautious due to weak steel demand
Asian billet offers pressure Turkish scrap market Summer slowdown limits scrap collection Turkiye’s deep-sea ferrous scrap import prices remained largely stable w-o-w, hovering around $345/t CFR. Market activity stayed muted amid the seasonal summer slowdown across Europe and persistently weak finished steel sales in the domestic Turkish market. Trading inquiries from mills remained limited, with…