Tag: energy costs despite cautious trading

Turkiye: Firm freights, energy costs lift scrap prices but construction sector sentiment remains weak

Mar 26, 2026

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by

Ramavath Mounika

in Melting Scrap

Europe-origin scrap dominates recent trades Mills return to market after prolonged inactivity Turkish deep-sea imported scrap prices moved higher w-o-w, with HMS 80:20 assessed at around $395-398/t CFR as of 26 March. The uptrend was largely supported by firm freight rates and elevated energy costs, which continued to push up offer levels from suppliers. Rebar…