Tag: domestic steel prices Turkiye
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Turkiye: Imported scrap prices fall by $7/t w-o-w; mills delay fresh bookings
Mills put off bookings on weak steel demand, price cut hopes Cheaper EU cargoes pressure spreads with the US, Baltic Turkiye’s deep-sea imported ferrous scrap market extended its decline last week, with prices falling by $7/t w-o-w. The drop was driven largely by competitively priced European-origin cargoes, which narrowed the usual spread against US and…