Tag: near-term pricing
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Turkiye: Imported scrap prices rise up to $7/t w-o-w on higher collection costs, firm supplier offers
Weak rebar sales put pressure on mills Mills cautious despite modest scrap price gains Turkiye’s deep-sea imported ferrous scrap market saw a sudden rise by up to $7/tonne (t) w-o-w, although overall market activity in finished steel remained cautious. Weak rebar sales continued to pressure Turkish mills, with many having largely fulfilled their scrap requirements.…