Tag: scrap market news April 2025

Turkiye: Imported ferrous scrap prices plunge by $25/t w-o-w amid cautious demand

Apr 17, 2025

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by

Adarsh Ramteke

in Melting Scrap

Weak rebar sales, ample domestic supply pressure imported offers EU sellers face difficulties in reducing offers amid strong euro Turkish deep-sea imported scrap prices dropped by $25/tonne (t) w-o-w, following reports of a discounted UK-origin deal. Mills ramped up efforts to push prices lower, while sellers struggled to adjust to the sharp market decline. BigMint’s…