Tag: Middle East freight costs
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Turkiye: Elevated freight, higher billet imports keep imported scrap trade stable in Q1CY’26
US, European suppliers continue to dominate Turkish scrap imports Rise in billet imports limit aggressive scrap bookings Rising freight, energy costs pressure Turkish mill margins Morning Brief: Turkiye’s ferrous scrap imports remained broadly stable during Q1 CY2026 despite weaker March arrivals, elevated freight costs, compressed steel margins, and continued geopolitical uncertainty. According to BigMint analysis,…