Tag: reaching April highs

  • Turkiye: Imported ferrous scrap prices hit 8-month high

    Turkiye: Imported ferrous scrap prices hit 8-month high

    Turkish scrap market steady supported by Jan’26 demand EU-origin deals boost sentiment despite soft rebar market Imported deep-sea scrap prices in Turkiye held largely stable w-o-w, but the market quietly reached a significant milestone with prices touching $370/t CFR – a level last seen in April 2025. While the weekly change was marginal, sentiment was…