Tag: Eid al-Adha steel market

Turkiye: Imported bulk scrap prices down $7/t w-o-w ahead of Eid

Jun 5, 2025

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by

Adarsh Ramteke

in Melting Scrap

Ample scrap supply weighs on prices amid weak demand Trade activity likely to pick up post-holidays Imported deep-sea ferrous scrap prices in Turkiye declined by $7/t w-o-w to $340/t CFR, as trading slowed amid weak finished steel demand and the approaching Eid al-Adha holiday. Mills have paused bookings, preferring to conserve cash in a high-interest-rate…