Tag: global scrap markets

Bid-offer mismatches slow down trade activity Mills may cut production on soft rebar demand Turkiye’s bulk deep-sea ferrous scrap prices edged up by $2/tonne (t) w-o-w to around $347/t CFR, although mills largely paused fresh purchases after securing significant volumes last week. Ongoing bearish sentiment in the rebar market kept buyers hesitant about paying above…