Tag: holiday season impact
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Turkiye: Imported bulk scrap offers drop by $2/t w-o-w due to limited activity ahead of holidays
Mills delay scrap purchases as rebar demand weakens Sellers keep offers firm amid lower bids; stalemate occurs Turkish imported ferrous scrap prices fell by $2/t w-o-w in the final week of the year, driven by reduced market activity ahead of the Christmas and New Year holidays. Low rebar demand made Turkish mills hesitant to purchase…